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

MDC Holdings

26/10/2023 14:32

* MDC Holdings Inc  MDC.N  reported quarterly adjusted
earnings of
$1.40​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for earnings of
$1.20 per share.
    * Revenue fell 23% to $1.11 billion from a year ago;
analysts
expected $1.13 billion. 
    * MDC Holdings Inc's reported EPS for the quarter was
$1.40​.
    * The mean earnings estimate of analysts had risen by
about 24.6%
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 10.2% this
quarter and
gained 17.2% so far this year.
    * The company reported quarterly net income of $107.31
million.
    * Wall Street's median 12-month price target for MDC
Holdings Inc
is $53.50 
    * 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
October 26 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.20           1.40           Beat
 Jun. 30 2023      0.75           1.24           Beat
 Mar. 31 2023      0.55           1.08           Beat
 Dec. 31 2022      1.52           1.08           Missed