Just went through HHH's Q4 earnings and there's some interesting stuff buried in the numbers. Revenue came in at $624.45 million, which actually beat expectations by about 2%, but the EPS miss was pretty brutal - $0.10 versus the $0.31 consensus. That's a massive miss on the bottom line.

Digging into the segments, Master Planned Community land sales absolutely crushed it with $117.44 million, way above the $90.89 million estimate and up 73% year-over-year. That's the bright spot. But Strategic Developments tanked hard - down 52.5% to $371.34 million. Condominium rights came in lighter than expected at $369.48 million. The Operating Assets segment was basically flat, up just 4.8% to $117.94 million. Master Planned Communities segment though pulled through with $135.13 million, beating the $110.17 million estimate and up 51.4% from a year ago.

Segment EBT for Master Planned Communities hit $105.42 million, which beat the $82.54 million forecast - that's solid. Overall HHH stock has been flat, up just 0.3% over the past month while the broader market dipped 0.8%. The stock's sitting at a Zacks Rank 3 (Hold), so nothing exciting expected in the near term. Mixed quarter for HHH - some segments firing on all cylinders while others are struggling to find footing.