earnings
confidence high
sentiment positive
materiality 0.85
Green Brick Q2 EPS $2.32 beats, home closings revenue $547M, +20% YoY
Green Brick Partners, Inc.
2024-Q2 EPS reported
$4.14
revenue$1,007,969,000
- Diluted EPS $2.32, up 42.3% YoY; net income $105.4M vs $75.3M.
- Record homebuilding gross margin 34.5%, up 320 bps; total revenue $560.6M.
- Net new home orders 855 (+4.0% YoY); backlog $650.3M (889 units).
- Debt to total capital 17.7%; repurchased $38.4M shares (1.5% of outstanding).
- Quarterly preferred dividend $0.35938/Series A depositary share, payable Sept 13.