Green Brick Partners: Q4 Earnings Snapshot
By AP News
Published - Feb 27, 2023, 05:24 PM ET
Last Updated - Jun 22, 2023, 07:15 PM EDT
PLANO, Texas (AP) — PLANO, Texas (AP) — Green Brick Partners Inc. (GRBK) on Monday reported fourth-quarter profit of $55.5 million.
On a per-share basis, the Plano, Texas-based company said it had profit of $1.18.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
The real estate investment company posted revenue of $431.1 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $372.9 million.
