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Green Brick Partners Inc reports results for the quarter ended in December - Earnings Summary
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Green Brick Partners Inc reports results for the quarter ended in December - Earnings Summary
  • Green Brick Partners Inc GRBK.N reported quarterly adjusted earnings of $1.58​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $1.18. The mean expectation of four analysts for the quarter was for earnings of $1.77 per share. Wall Street expected results to range from $1.62 to $1.95 per share.

  • Revenue rose 5.1% to $450.38 million from a year ago; analysts expected $478.10 million.

  • Green Brick Partners Inc's reported EPS for the quarter was $1.58​.

  • The company reported quarterly income of $73.02 million.

  • Green Brick Partners Inc shares had risen by 9.9% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2.6% in the last three months.​

  • In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is "strong buy" or "buy," 4 "hold" and "sell" or "strong sell."

  • The average consensus recommendation for the homebuilding peer group is also "hold"

Wall Street's median 12-month price target for Green Brick Partners Inc is $50.00

This summary was machine generated from LSEG data February 29 at 11:36 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

Dec. 31 2023

1.77

1.58

Missed

Sep. 30 2023

1.45

1.56

Beat

Jun. 30 2023

1.15

1.63

Beat

Mar. 31 2023

0.66

1.37

Beat

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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