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.

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