Millrose Properties Inc reports results for the quarter ended June 30 - Earnings Summary
Millrose Properties Inc reports results for the quarter ended June 30 - Earnings Summary
Millrose Properties Inc MRP.N reported quarterly adjusted earnings of 76 cents per share for the quarter ended June 30. The mean expectation of four analysts for the quarter was for earnings of 75 cents per share. Wall Street expected results to range from 75 cents to 76 cents per share.
Revenue rose 32.1% to $196.85 million from a year ago; analysts expected $201.99 million.
Millrose Properties Inc's reported EPS for the quarter was 76 cents.
The company reported quarterly net income of $125.88 million.
Millrose Properties Inc shares had fallen by 4.7% this quarter and lost 4.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.6% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the real estate rental, development & operations peer group is also "buy"
Wall Street's median 12-month price target for Millrose Properties Inc is $36.50, about 21.5% above its last closing price of $28.65
This summary was machine generated from LSEG data August 4 at 01:31 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.77 | 0.77 | Met |
Mar. 31 2026 | 0.78 | 0.76 | Missed |
Dec. 31 2025 | 0.75 | 0.76 | Beat |
Sep. 30 2025 | 0.70 | 0.74 | Beat |
Recent news on Millrose Properties
See all newsBrief: Millrose Properties Enters Commitment And Acceptance With Flagstar Bank As Accepting Lender
Brief: Millrose Properties To Provide Capital Support For Dream Finders Homes' Announced Acquisition Of Beazer Homes With Up To $1.25 Billion Commitment
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