Feb. 26 at 9:15 PM
$GRBK Green Brick reports Q4 EPS
$2.31, consensus
$2.02
Reports Q4 revenue
$567.31M, consensus
$557.42M. "We are extremely proud to celebrate our 10th anniversary as a public homebuilder with record quarterly and full-year results while exceeding
$2 billion in home closings revenue for the first time." said Jim Brickman, CEO and Co-Founder. "During the fourth quarter, we closed a record 1,019 homes, which brought our full-year closings to 3,783, a year-over-year increase of 21.1%. Homebuilding gross margin was 33.8% on deliveries for the year, which was a record and represented a year-over-year increase of 290 bps. Our homebuilding gross margins again led our industry."
