New Home Company Reports Higher Profit
Builder Online
The New Home Company Inc. (NYSE: NWHM), ALISO VIEJO, Calif., on Wednesday reported a profit of $13.8 million, or $0.66 per diluted share, for the fourth quarter ended Dec. 31, up 13% from $12.2 million, or $0.69 per diluted share in the prior-year quarter. The most recent analyst consensus from Dow Jones, taken three months ago, was for a gain of $0.70 per share.
About author
You might also like
Homebuilders Surge On Strong Earnings, Low Inventory Levels
In addition to our “REIT Rankings” series which includes all 13 REIT sectors, we also cover the homebuilder sector, which we view as a compliment or hedge to a balanced
Leader of the Pack
Lennar beats the Street with 3Q earnings. Highlighted in this article is the fact that Lennar’s current land supply, the bulk of which was purchased during the downturn, allows it