Green Brick Partners Inc GRBK.N reported quarterly adjusted earnings of $1.56 per share for the quarter ended in September, lower than the same quarter last year, when the company reported EPS of $1.57.The mean expectation of four analysts for the quarter was for earnings of $1.45 per share. Wall Street expected results to range from $1.28 to $1.56 per share.
Revenue rose 6.1% to $418.98 million from a year ago; analysts expected $410.91 million.
Green Brick Partners Inc's reported EPS for the quarter was $1.56.
The company reported quarterly income of $72.16 million.
Green Brick Partners Inc shares had fallen by 7.8% this quarter and gained 57.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 12.6% 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."
Wall Street's median 12-month price target for Green Brick Partners Inc is $52.50
This summary was machine generated from LSEG data October 31 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated.
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, 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 |
Dec. 31 2022 |
1.14 |
1.18 |
Beat |