earnings
confidence high
sentiment positive
materiality 0.85
Green Brick Q1 record EPS $1.82, up 32.8%; homebuilding margin 33.4% (record)
Green Brick Partners, Inc.
2024-Q1 EPS reported
$1.82
revenue$447,338,000
- Diluted EPS of $1.82 (record for Q1), up 32.8% YoY; net income $83.3M.
- Homebuilding gross margin 33.4% (record), up 580 bps YoY; total revenues $447.3M.
- Net new home orders 1,071 (second highest quarterly); backlog $725M, up 31.8% YoY.
- Debt to total capital 18.3% (down 550 bps YoY); net debt to capital 8.2%.
- Quarterly dividend on Series A Preferred: $0.35938 per depositary share, payable June 15.