Homebuilder Green Brick beats Q3 revenue estimates

Green Brick Partners

29/10/2025 20:25

Overview

Green Brick Q3 revenue beats analysts' expectations despite a 4.7% yr/yr decline

Net income for Q3 was $78 mln, with diluted EPS of $1.77

Company delivered 953 new homes

Outlook

Company anticipates opening sales for new Houston community in spring 2026

Result Drivers

SALES VELOCITY - Net new home orders grew 2.4% year-over-year to 898 units, a record for any third quarter in company history, attributed to infill-focused land self-development strategy

PRICING STRATEGY - Co adjusted pricing and incentives to sustain sales momentum amid affordability pressures and elevated interest rates

GROSS MARGINS - Maintained homebuilding gross margins above 30% for the tenth consecutive quarter, attributed to strategic adjustments in incentives and sales prices

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$499.09 mln
$458.80 mln (3 Analysts)
Q3 Net Income
$77.85 mln
Q3 Homebuilding Gross Margin
31.10%
Q3 Gross Profit
$155.46 mln
Q3 Pretax Profit
$106.64 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the homebuilding peer group is "hold"

Wall Street's median 12-month price target for Green Brick Partners Inc is $66.50, about 0.5% below its October 28 closing price of $66.83

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw4ZKybMa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)