MDC Holdings Inc reports results for the quarter ended in June - Earnings Summary

MDC Holdings

27/07/2023 15:22

* MDC Holdings Inc  MDC.N  reported quarterly adjusted
earnings of
$1.24​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
75 cents per share.
    * Revenue fell 23.6% to $1.14 billion from a year ago;
analysts
expected $935.10 million. 
    * MDC Holdings Inc's reported EPS for the quarter was
$1.25​.
    * The mean earnings estimate of analysts had risen by
about 25% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * MDC Holdings Inc shares had risen by 3.2% this quarter and
gained 52.8% so far this year.
    * The company reported quarterly net income of $93.49
million.
    * Wall Street's median 12-month price target for MDC
Holdings Inc
is $49.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:22 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.75           1.24           Beat
 Mar. 31 2023      0.55           1.08           Beat
 Dec. 31 2022      1.52           1.08           Missed
 Sep. 30 2022      2.25           1.98           Missed