Green Brick Partners Inc expected to post earnings of $1.77 a share - Earnings Preview

Green Brick Partners

27/02/2024 21:30

* Green Brick Partners Inc  GRBK.N   GRBK.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
29 for the period ending December 31 2023
    * The Plano Texas-based  company is expected to report a
11.6% increase in revenue to $478.098 million from $428.58
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (Sales/Revenue Majority basis is
on Home Sales Revenue)
    * ​LSEG's mean analyst estimate for Green Brick Partners Inc
is
for earnings of $1.77 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Green Brick
Partners Inc is $50.00​, below​ its last closing price
of $57.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.45        1.45       1.56      Beat    7.5
 Jun. 30 2023  1.15        1.15       1.63      Beat    42
 Mar. 31 2023  0.65        0.66       1.37      Beat    106.8​
 Dec. 31 2022  1.14        1.14       1.18      Beat    3.1
 ​​Sep.        1.37        1.38       1.57      Beat    13.9
 30 2022                                                
 Jun. 30 2022  1.24        1.24       2.08      Beat    68.3​
 Mar. 31 2022  0.85        0.85       1.20      Beat    40.5
 Dec. 31 2021  1.16        1.16       1.24      Beat    6.7
 This summary was machine generated February 27 at 21:30 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)