WCI Communities (WCIC) Tops Q2 EPS by 7c

WCI Communities (NYSE: WCIC) reported Q2 EPS of $0.37, $0.07 better than the analyst estimate of $0.30. Revenue for the quarter came in at $150.7 million versus the consensus estimate of $140.48 million.

• New orders of 300, up 53.8%
  • Contract value of new orders of $128.6 million, up 37.4%
  • Quarter-end active selling neighborhood count of 45, up 60.7%
• Deliveries of 243, up 69.9%
  • Average selling price per home delivered of $476,000, up 11.7%
• Backlog units totaling 627, up 44.8%
  • Backlog contract value of $294.1 million, up 27.9%

For earnings history and earnings-related data on WCI Communities (WCIC) click here.

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