The New Home Company (NWHM) Misses Q3 EPS by 6c

The New Home Company (NYSE: NWHM) reported Q3 EPS of ($0.06), $0.06 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $28.6 million versus the consensus estimate of $23.4 million.

• Backlog dollar value increased more than four times to $91.1 million
• Average sales price of homes delivered increased 78% to $820,000
• Fee building revenue more than doubled to $20.4 million
• Backlog dollar value of homes from JVs grew 102% to $189.1 million
• New home deliveries from JVs grew 177% to 72 homes
• Owned or controlled lots, including lots held in JVs and fee building communities, increased to over 6,500 lots compared to 4,753 lots

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

You May Also Be Interested In

• Etsy upgraded to buy at BofA on durable growth, buyback potential
• China semiconductor equipment imports grow 9% in July, Barclays comments
• Rubrik Inc (RBRK) PT Raised to $120 at Cantor Fitzgerald Into Q2 Earnings