UCP, Inc. (UCP) Misses Q3 EPS by 9c

UCP, Inc. (NYSE: UCP) reported Q3 EPS of ($0.08), $0.09 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $55.8 million versus the consensus estimate of $46.49 million.

• Revenue from land development increased to $20.3 million from 197 lots, compared to $2.3 million from 30 lots
• New homes deliveries grew 79.0% to 111 units
• Net new home orders improved 131.8% to 102 units
• Unit backlog increased 91.7% to 115 units

For earnings history and earnings-related data on UCP, Inc. (UCP) click here.

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