February 8, 2017 0

CalAtlantic Beats Estimates

BuilderOnline

CalAtlantic Group, Inc. (NYSE: CAA) on Wednesday after market close announced net income of $167.0 million, or $1.25 per diluted share, for the fourth quarter ended Dec. 31, 2016., compared with net income of $77.5 million, or $0.56 per diluted share in the prior year quarter. Analysts polled by Dow Jones were expecting a profit of $1.09 per share.

Read More

Previous Redondo Beach Rejects Deal with Legado for 115 Units on PCH
Next All 31 Townhomes at Brandywine Homes' Sunstone Development in Norwalk Sold
Tags CalAtlanticEarnings
Category Homebuilders / Land Developers

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Homebuilders / Land Developers

Local Homebuilding Successes Defy Critics

If Orange County is purportedly such a poor place to do business, how did four local master-planned communities end up on a list of the 20 fastest-selling projects in the

Ryland Tops Street in 4Q 2014
Homebuilders / Land Developers

Ryland Tops Street in 4Q 2014

Ryland comes in with strong earnings for 4Q 2014 checking in at $1.26 per share and beating the consensus street estimate of $0.96 by a hefty $0.30. Revenue of $867.8M

People

Warmington Residential Names New Presidents in Two Homebuilding Divisions

Warmington Residential has announced new Presidents in its two California divisions. As of January 1, 2017, Tom Hildebrandt is President of the Costa Mesa-based Southern California division and Ryan Gerding