MDC Logs 4Q Earnings Miss
MDC Holdings, which builds under the brand name Richmond American Homes, reported 4Q 2014 earnings of $14.6M or 41 cents per share (adjusted up from 30 cents per share to account for extinguishing of debt during the quarter). The average Wall Street analyst estimate for earnings was 46 cents per share. On the positive side, revenue of $505.67M was above analyst expectations.
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