Ryland Group (RYL) Tops Q1 EPS by 1c

Go back to Ryland Group (RYL) Tops Q1 EPS by 1c

Ryland Reports Results for the First Quarter of 2015

April 30, 2015 8:01 AM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- The Ryland Group, Inc. (NYSE: RYL) today announced results for its quarter ended March 31, 2015. Items of note included:

Net income increased 12.5 percent to $26.5 million, or $0.47 per diluted share, for the first quarter of 2015 from $23.5 million, or $0.42 per diluted share, for the first quarter of 2014; Pretax earnings rose 8.3 percent to $41.3 million for the quarter ended March 31, 2015, compared to $38.2 million for the quarter ended March 31, 2014; Revenues totaled $517.4 million for the quarter ended March 31, 2015, representing a 5.7 percent increase from $489.7 million for the... More