secwatch.observer — SEC 8-K summary
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Issuer:     Green Brick Partners, Inc. (GRBK)
CIK:        0001373670
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001373670-22-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Brick Q3 EPS $1.57 beats, revenue $408M, record gross margin 32.4%
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- Diluted EPS $1.57 vs $0.95 YoY (+65%); net income $73.5M (+52%).
- Total revenue $408M (+19%); homebuilding gross margin 32.4% (record, +550 bps).
- Net new home orders 404 (-41%); cancellation rate 17.6% vs 6.9%.
- Backlog $564M (-45%); homes under construction 2,276.
- Debt-to-capital 28.0%; plans to increase community count 20-30% over 4-5 quarters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373670/000137367022000048/0001373670-22-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373670/000137367022000048/grbk-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001373670-22-000048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer