Green Brick Partners Inc reports results for the quarter ended March 31 - Earnings Summary

• Green Brick Partners Inc GRBK.N reported quarterly adjusted earnings of $1.67​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.82. The mean expectation of two analysts for the quarter was for earnings of $1.76 per share. Wall Street expected results to range from $1.45 to $2.06 per share.

• Revenue rose 11.2% to $497.62 million from a year ago; analysts expected $503.82 million.

• Green Brick Partners Inc's reported EPS for the quarter was $1.67​.

• The company reported quarterly net income of $75.06 million.

• Green Brick Partners Inc shares had fallen by 0.2% this quarter and gained 3.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.2% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the homebuilding peer group is also "hold"

This summary was machine generated from LSEG data April 30 at 10:20 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)