Brief: MDC Holdings Says Q3 Home Sale Revenue Up 26% To $1.26 Bln

MDC Holdings

28/10/2021 11:14

Oct 28 (Reuters) - MDC Holdings Inc  MDC.N :
    * M.D.C. HOLDINGS ANNOUNCES THIRD QUARTER 2021 RESULTS AND
QUARTERLY DIVIDEND INCREASE
    * QTRLY HOME SALE REVENUE INCREASED 26% TO $1.26 BILLION
FROM $1
BILLION
    * QTRLY AVERAGE SELLING PRICE OF DELIVERIES UP 12% TO
$519,900
    * QTRLY DOLLAR VALUE OF NET NEW ORDERS DECREASED 21% TO
$1.30
BILLION FROM $1.65 BILLION
    * QUARTERLY CASH DIVIDEND INCREASED 25% FROM PRIOR QUARTER
TO
$0.50 PER SHARE
    * Q3 EARNINGS PER SHARE $1.99
    * QUARTER-END DOLLAR VALUE OF ENDING BACKLOG UP 38% TO $4.24
BILLION FROM $3.08 BILLION
    * Q3 EARNINGS PER SHARE VIEW $2.00 -- REFINITIV IBES DATA
    * SEES PROJECTED HOME DELIVERIES FOR 2021 Q4 BETWEEN 2,700
AND
3,000
    * SEES AVERAGE SELLING PRICE FOR 2021 Q4 UNIT DELIVERIES
BETWEEN
$530,000 AND $540,000

Source text for Eikon:  ID:nPn7hSzNza 
Further company coverage:  MDC.N 

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