Loading...
•
Dec 31, 2019
Green Brick Q4 2019 Earnings Report
Green Brick reported record fourth quarter results, highlighted by a significant increase in new home orders and revenue.
Key Takeaways
Green Brick Partners reported record fourth-quarter results, with significant increases in new home orders, revenue, and earnings per share. The company's backlog also reached a record level, positioning it for continued success in the coming year.
Record basic EPS of $0.32 per share, up 23.1%.
New home orders increased by 111.5%.
Residential units revenue and gross profit reached record highs.
Backlog reached a record of $346.8 million.
Revenue by Segment
Forward Guidance
Green Brick Partners anticipates continued success, driven by a strong foundation and conservative financial leverage.
Positive Outlook
- Largest backlog to date
- Strong foundation of excellence
- Conservative financial leverage
- Enthusiasm and optimism for the future
- Primed for continued success
Challenges Ahead
- Adverse impacts from general economic conditions
- Seasonality and cyclicality in the homebuilding industry
- Competition in the homebuilding industry
- Shortages of labor or raw materials
- Inability to acquire land for reasonable prices
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...