secwatch.observer — SEC 8-K summary
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Issuer:     Green Brick Partners, Inc. (GRBK)
CIK:        0001373670
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001373670-23-000056
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Brick Q3 EPS $1.56; homebuilding gross margin record 33.3%; orders up 95% YoY
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- Diluted EPS $1.56 vs $1.57 YoY; total revenues $419M (+2.7%); net income $72.2M.
- Homebuilding gross margin 33.3%, a company record, up 90 bps YoY and 200 bps sequentially.
- Net new home orders 788 (+95% YoY); cancellation rate 6.1% (lowest among peers).
- Backlog $622.6M (+10.4% YoY); net debt to total capital 9.0%.
- Jed Dolson promoted to President and COO from EVP and COO effective Oct 27, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373670/000137367023000056/0001373670-23-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373670/000137367023000056/grbk-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001373670-23-000056

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