Green Brick Partners Inc reports results for the quarter ended in September 30 - Earnings Summary
31/10/2024 02:32
* Green Brick Partners Inc GRBK.N reported quarterly
adjusted
earnings of $1.98 per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $1.56. The mean expectation of four analysts
for the quarter was for earnings of $2.07 per share. Wall Street
expected results to range from $2.06 to $2.10 per share.
* Revenue rose 25% to $523.66 million from a year ago;
analysts
expected $541.67 million.
* Green Brick Partners Inc's reported EPS for the quarter
was
$1.98.
* The company reported quarterly net income of $89.11
million.
* Green Brick Partners Inc shares had fallen by 9.6% this
quarter and gained 45.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 8.1%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* 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 average consensus recommendation for the homebuilding
peer
group is also "hold"
Wall Street's median 12-month price target for Green Brick
Partners Inc is $69.00
This summary was machine generated from LSEG data October 31 at
02:32 a.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jan. 1 0001 2.07 1.98 Missed
Jun. 30 2024 1.77 2.32 Beat
Mar. 31 2024 1.51 1.82 Beat
Dec. 31 2023 1.77 1.58 Missed