Ryland Group (RYL) Tops Q4 EPS by 30c, Sales Beat

Ryland Group (NYSE: RYL) reported Q4 EPS of $1.26, $0.30 better than the analyst estimate of $0.96. Revenue for the quarter came in at $867.8 million versus the consensus estimate of $782.7 million.

• Closings increased 14.3 percent to 2,489 units for the fourth quarter of 2014 from 2,178 units for the same period in the prior year;
• Average closing price increased 7.6 percent to $338,000 for the quarter ended December 31, 2014, from $314,000 for the same period in 2013;
• New orders increased 8.3 percent to 1,547 units for the fourth quarter of 2014 from 1,428 units for the fourth quarter of 2013, and new order dollars rose 14.3 percent to $536.7 million for the fourth quarter of 2014 from $469.4 million for the same period in 2013;
• Active communities increased 21.0 percent to 351 communities at December 31, 2014, from 290 communities at December 31, 2013;
• Cash, cash equivalents and marketable securities totaled $580.0 million at December 31, 2014, compared to $631.2 million at December 31, 2013; and
• Net debt-to-capital ratio was 43.1 percent at December 31, 2014, compared to 45.8 percent at December 31, 2013.

For earnings history and earnings-related data on Ryland Group (RYL) click here.

You May Also Be Interested In

• Super Micro Computer (SMCI) Falls 6%
• Benchmark on Take-Two's (TTWO) GTV 6 Release: 'we anticipate that the game will not be released within the fiscal year and expect it to launch in fiscal 2026 instead'
• Midday movers: Netflix, Super Micro fall; Paramount Global gains