The New Home Co. (NWHM) Tops Q1 EPS by 2c, Beats on Revenues

The New Home Co. (NYSE: NWHM) reported Q1 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $123.2 million versus the consensus estimate of $109.75 million.

First Quarter 2018 Highlights Compared to First Quarter 2017

• Total revenues of $123.2 million vs. $125.0 million
• Home sales revenue of $79.4 million, up 14%; deliveries up 56%
• Net new home orders up 12%
• Backlog units up 39%
• Ending community count up 29% to 18 compared to 14

For earnings history and earnings-related data on The New Home Co. (NWHM) click here.

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