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

Homebuilder Sentiment Dips in May
Homebuilders / Land Developers

Homebuilder Sentiment Dips in May

The NAHB/Wells Fargo Housing Market Index unexpectedly fell to 54 from 56 the month before. Nevertheless, there was an improvement in the six-month sales outlook from 63 to 64, the

Deals

Brandywine Homes to Build 586-Unit Self Storage Facility in Escondido

ESCONDIDO, Calif. – December 19, 2016 – Brandywine Homes announced today that it has purchased 3.2 acres of vacant land at 2319 Cranston Drive in Escondido’s Kit Carson neighborhood and

Lennar Earnings Beat Estimates
Homebuilders / Land Developers

Lennar Earnings Beat Estimates

Lennar’s Q2 2015 earnings beat estimates by 15 cents coming in at 70 cents a share versus 61 cents per share a year ago. Revenue jumped 31% year over year