MDC Holdings Inc expected to post earnings of 75  cents a share - Earnings Preview

MDC Holdings

25/07/2023 17:34

* MDC Holdings Inc  MDC.N   MDC  is expected to show a fall
in
quarterly revenue when it reports  results on July 27. 
    * The Denver Colorado-based  company is expected to report 
a
37.1% decrease in revenue to $935.1 million from $1.49 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MDC Holdings Inc is
for
earnings of 75 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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 $49​, above​ its last closing price of $47.05. ​​​

The company's guidance on May 2 2023 for the period ended June
30 was for gross profit margin of 17%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.44        0.55       1.08      Beat    95.7
 Dec. 31 2023  1.53        1.52       1.08      Missed  -29.1
 Sep. 30 2022  2.24        2.25       1.98      Missed  -11.9​
 Jun. 30 2022  2.48        2.50       2.59      Beat    3.6
 ​​Mar.        1.89        1.91       2.02      Beat    6
 31 2022                                                
 Dec. 31 2021  2.51        2.49       2.21      Missed  -11.4​
 Sep. 30 2021  1.95        2.00       2.17      Beat    8.3
 Jun. 30 2021  2.02        2.01       2.11      Beat    5
 This summary was machine generated July 25 at 16:34 GMT.  All
figures in US dollars  unless otherwise stated