Green Brick Partners Q3 2024 GAAP EPS $1.98 Misses $2.07 Estimate, Sales $523.660M Miss $541.673M Estimate
Portfolio Pulse from Benzinga Newsdesk
Green Brick Partners reported Q3 2024 earnings per share of $1.98, missing the analyst estimate of $2.07. Sales were $523.66 million, below the expected $541.67 million, but up 24.99% from last year.
October 30, 2024 | 8:44 pm
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Green Brick Partners' Q3 2024 earnings and sales missed analyst estimates, with EPS at $1.98 and sales at $523.66M. Despite the miss, sales increased by 24.99% year-over-year.
The earnings per share and sales figures both missed analyst expectations, which is likely to negatively impact the stock price in the short term. However, the significant year-over-year sales growth may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100