WCI Communities (WCIC) Tops Q1 EPS by 7c

WCI Communities (NYSE: WCIC) reported Q1 EPS of $0.21, $0.07 better than the analyst estimate of $0.14. Revenue for the quarter came in at $97.7 million versus the consensus estimate of $96.75 million.

• New orders of 316, up 54.1%
  • Contract value of new orders of $140.8 million, up 39.3%
  • Active selling neighborhood count of 41, up 64.0%
• Deliveries of 138, up 17.9%
  • Average selling price per home delivered of $486,000, up 18.5%
• Backlog units totaling 570, up 49.6%
  • Backlog contract value of $282.4 million, up 43.6%

For earnings history and earnings-related data on WCI Communities (WCIC) click here.

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