Green Brick Partners, Inc. (NASDAQ:GRBK) is set to announce third quarter earning results on Thursday 29th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GRBK to report 3Q20 income of $ 0.43 per share.
For the full year, analysts anticipate top line of $ 915.24 million, while looking forward to income of $ 1.92 per share bottom line.
Previous Quarter Performance
Green Brick Partners, Inc. posted income for the second quarter of $ 0.66 per share, from the revenue of $ 232.83 million. The quarterly earnings escalated 127.59 percent while revenues swell 34.98 percent compared with the same quarter last year.
Street analysts expected Green Brick Partners, Inc. to report income of $ 0.42 per share on revenue of $ 234.35 million for the second quarter. The bottom line results beat street analysts by $ 0.24 or 57.14 percent, at the same time, top line results fell short of analysts by $ 1.52 million or 0.65 percent.
Stock Performance
Shares of Green Brick Partners, Inc. traded up $ 0.01 or 0.06 percent on Wednesday, reaching $ 17.37 with volume of 283.20 thousand shares. Green Brick Partners, Inc. has traded high as $ 17.61 and has cracked $ 16.70 on the downward trend
According to the previous trading day, closing price of $ 17.37, representing a 206.71 % increase from the 52 week low of $ 5.66 and a 12.37 % decrease over the 52 week high of $ 19.81.
The company has a market capital of $ 880.00 million and is part of the Real Estate sector and Real Estate – General industry.
Recent Analyst recommendations
- On 8th October 2020, initiated by B. Riley at Buy rating, with $ 21.00 target price.
Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates in Builder Operations and Land Development segments.
