William Lyon Homes (WLH) Misses Q1 EPS by 1c

William Lyon Homes (NYSE: WLH) reported Q1 EPS of $0.18, $0.01 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $197.2 million versus the consensus estimate of $208.4 million.

• Home sales revenue of $189.7 million, up 35%
• New home deliveries of 388 homes, up 41%
• Dollar value of orders of $268.2 million, up 35%
• Net new home orders of 588, up 47%
• Average sales locations of 54, up 69%
• Dollar value of homes in backlog of $335.1 million, up 27%
• Average sales price (ASP) of new homes delivered of $489,000

For earnings history and earnings-related data on William Lyon Homes (WLH) click here.

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