Green Brick Q3 2021: record revenues $342M, diluted EPS $0.95, backlog up 83.9%

Green Brick Partners, Inc.

2021-Q3 EPS reported $2.48 revenue$950,625,000

Revenues of $342.3M (+24.1% YoY); residential units revenue $338.9M (+28.4%).
Net income attributable $48.5M (+39.3%); diluted EPS $0.95 (+39.7%).
Homebuilding gross margin 26.9% (+210 bps); backlog $1.02B (+83.9%).
Lots owned/controlled 24,354 (+101.8%); homes under construction 2,555 (+87.7%).
CEO cites 'price over pace' strategy sustaining industry-leading margins.

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