earnings
confidence high
sentiment positive
materiality 0.85
Green Brick Partners posts record Q2 2021 revenue of $373.8M, up 60.5% YoY
Green Brick Partners, Inc.
2021-Q2 EPS reported
$1.53
revenue$608,285,000
- Diluted EPS $1.02, up 54.5% from $0.66 YoY.
- Homebuilding gross margin 26.8%, up 360 bps YoY.
- Backlog $974.3M, up 118.2% YoY; lots owned & controlled up 132.7% to 21,351.
- Net income $52.3M, up 55.3%; return on equity 30.2% (up 610 bps).
- CEO expects sequential revenue and earnings growth through remainder of 2021.