MDC Holdings Inc expected to post earnings of $1.49 a share - Earnings Preview

MDC Holdings

26/01/2024 14:06

* MDC Holdings Inc  MDC.N   MDC  is expected to show a fall
in
quarterly revenue when it reports  results on January 30 for the
period ending December 31 2023
    * The Denver Colorado-based  company is expected to report a
15.2% decrease in revenue to $1.289 billion from $1.52 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (Sales/Revenue Majority basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for MDC Holdings Inc is for
earnings of $1.49 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "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 MDC
Holdings Inc
is $55.00​, below​ its last closing price of $62.62. ​​​

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  1.20        1.20       1.40      Beat    16.3
 Jun. 30 2023  0.76        0.75       1.24      Beat    66.4
 Mar. 31 2023  0.44        0.55       1.08      Beat    95.7​
 Dec. 31 2022  1.53        1.52       1.08      Missed  -29.1
 ​​Sep.        2.24        2.25       1.98      Missed  -11.9
 30 2022                                                
 Jun. 30 2022  2.48        2.50       2.59      Beat    3.6​
 Mar. 31 2022  1.89        1.91       2.02      Beat    6
 Dec. 31 2021  2.51        2.49       2.21      Missed  -11.4
 This summary was machine generated January 26 at 14:06 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)