Green Brick Partners Inc reports results for the quarter ended in September 30 - Earnings Summary

• Green Brick Partners Inc GRBK.N reported quarterly adjusted earnings of $1.98​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.56. The mean expectation of four analysts for the quarter was for earnings of $2.07 per share. Wall Street expected results to range from $2.06 to $2.10 per share.

• Revenue rose 25% to $523.66 million from a year ago; analysts expected $541.67 million.

• Green Brick Partners Inc's reported EPS for the quarter was $1.98​.

• The company reported quarterly net income of $89.11 million.

• Green Brick Partners Inc shares had fallen by 9.6% this quarter and gained 45.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.1% in the last three months.​

• In the last 30 days, there have been no 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 no "strong buy" or "buy," 4 "hold" and no "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 $69.00

This summary was machine generated from LSEG data October 31 at 02:32 a.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)