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

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

543 new homes in Lake Forest: The builder’s story

Meet the chief of Landsea Homes, making its first mark in local homebuilding in the rugged foothills of Lake Forest.

Homebuilders / Land Developers 0 Comments

Homebuilder Seizes Upon a Niche Market Rental Opportunity

MBK Homes, who’s primary business has been for-sale housing, gets ready to open a rental community in the Carmel Valley area of San Diego with product more akin to for-sale

Homebuilders / Land Developers

Beazer Posts Loss For 1st Fiscal Quarter

Beazer Homes USA, Inc. (NYSE: BZH) on Thursday reported a net loss from continuing operations of $1.4 million for the fiscal first quarter ended December 31, 2016, compared with net