Five Point Holdings, LLC (FPH) Earnings
Five Point Holdings, LLC is expected to report next earnings on July 23, 2026 (in NaN days), with a consensus EPS estimate of $-0.04. FPH has beaten EPS estimates in 1 of its last 1 reported quarters (average surprise +25.0% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $-0.04 | $-0.03 | +25.0% | $14M | +57.7% |
| Mar 6, 2026 | — | $0.15 | — | $76M | — |
| Oct 29, 2025 | — | $0.28 | — | $13M | — |
| Jul 24, 2025 | — | $0.05 | — | $7M | — |
| Apr 24, 2025 | — | $0.32 | — | $13M | — |
| Jan 23, 2025 | — | $0.65 | — | $160M | — |
| Oct 17, 2024 | — | $0.07 | — | $17M | — |
| Jul 18, 2024 | — | $0.21 | — | $51M | — |
| Apr 18, 2024 | — | $0.03 | — | $10M | — |
| Jan 18, 2024 | — | $0.39 | — | $119M | — |
| Oct 19, 2023 | — | $0.09 | — | $66M | — |
| Jul 20, 2023 | — | $0.34 | — | $21M | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 23, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Dan Hedigan updated on first quarter results, operating strategy including optimizing home site value, maintaining lean structure, matching development to revenue, and expanding via capital-light initiatives. Community updates: Great Park had 82 home sales, 12 selling programs with 7 planned, selected builders for 5 new programs. Valencia had 90 home sales, 11 open programs with 6 planned, discussions on land sales. Hearthstone integration progressing, secured $600 million in new equity commitments for Hearthstone platform with $3.4 billion assets under management.
Guidance
Reaffirming guidance, expects consolidated income in 2026 to be approximately $100 million, weighted more heavily towards the second half of the year. Board approved $40 million share repurchase.
Segment performance
Consolidated net loss was $5 million in the first quarter. Revenue was $13.6 million primarily from management services associated with Great Park and Hearthstone segments. Ended the quarter with total liquidity of $550.1 million, including $332 million of cash and cash equivalents.
Risks & headwinds
Market environment unsettled with geopolitical uncertainty, financial market volatility, rising mortgage rates. Impact on home building sector with slower absorption rates and cautious approach by builders and committee to new land purchases.
Analyst Q&A
Q: Asked about Hearthstone land banking deals structure and builder appetite.
A: Kim responded about monthly option payment contract, typical arrangement, and builders still showing reasonable interest.
Q: Asked about development expenses and inflation.
A: Fuel costs not causing major impact currently, not seeing additional increases in budgets for land development