The New Home Company Inc. (NYSE:NWHM) is reporting third quarter financial results on Monday 2nd November 2020, before market open.
Previous Quarter Performance
The New Home Company Inc. recorded loss for the second quarter of $ 0.04 per share, from the revenue of $ 98.96 million. Street analysts expected $ 124.90 million. The top line results fell short of analysts by $ 25.94 million or 20.77 percent.
Stock Performance
On Friday, shares of The New Home Company Inc. has traded high as $ 5.48 and has cracked $ 5.02 on the downward trend, reaching $ 5.08 with volume of 30.50 thousand shares.
According to the previous trading day, closing price of $ 5.08, representing a 474.47 % increase from the 52 week low of $ 0.94 and a 10 % decrease over the 52 week high of $ 6.00.
The company has a market capital of $ 92.62 million and is part of the Consumer Cyclical sector and Residential Construction industry.
Conference Call
The New Home Company Inc. will be hosting a conference call at 11:00 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.nwhm.com
The New Home Company Inc., a homebuilder, focuses on the design, construction, and sale of homes. The company operates in two segments, Homebuilding and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area.
