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MDC MDC Holdings News Story

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

* MDC Holdings Inc  MDC.N  reported quarterly adjusted
earnings of
$2.02​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of $1.91 per share.
    * Revenue rose 16.8% to $1.27 billion from a year ago; 
analysts
expected $1.21 billion. 
    * MDC Holdings Inc's reported EPS for the quarter was
$2.02​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * MDC Holdings Inc shares had fallen by 4.7% this
quarter and
lost 35.4% so far this year.
    * The company reported quarterly net income of $148.42
million.
    * Wall Street's median 12-month price target for MDC
Holdings Inc
is $64.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 28 at 10:46 a.m.  ​All
figures in US dollars unless otherwise stated

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