PLANO, Texas (AP) _ Green Brick Partners Inc. (GRBK) on Wednesday reported third-quarter net income of $73.5 million.
The Plano, Texas-based company said it had net income of $1.57 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The real estate investment company posted revenue of $407.9 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $395.8 million.
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