Green Brick Partners Q2 2024 GAAP EPS $2.32 Beats $1.74 Estimate, Sales $560.631M Beat $502.637M Estimate
Portfolio Pulse from Benzinga Newsdesk
Green Brick Partners (NYSE:GRBK) reported strong Q2 2024 earnings, with GAAP EPS of $2.32 beating the $1.74 estimate and sales of $560.631M surpassing the $502.637M estimate. This represents significant year-over-year growth in both earnings and sales.
July 31, 2024 | 9:10 pm
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Green Brick Partners reported Q2 2024 GAAP EPS of $2.32, beating the $1.74 estimate by 33.33%. Sales of $560.631M also surpassed the $502.637M estimate by 11.54%. This indicates strong financial performance and significant year-over-year growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, suggests positive market sentiment and potential short-term price appreciation for GRBK.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100