Standard Pacific (SPF) Misses Q1 EPS by 2c

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Standard Pacific Corp. Reports 2015 First Quarter Results

April 30, 2015 4:02 PM EDT

IRVINE, Calif., April 30, 2015 /PRNewswire/ -- Standard Pacific Corp. (NYSE: SPF) today announced results for the first quarter ended March 31, 2015.

2015 First Quarter Highlights and Comparisons to 2014 First Quarter

Net new orders of 1,571, up 20%; Dollar value of net new orders up 31% Backlog of 2,310 homes, up 15%; Dollar value of backlog up 29% 198 average active selling communities, up 14% 972 new home deliveries, down 2% Average selling price of $482 thousand, up 7% Home sale revenues of $468.4 million, up 5% Gross margin from home sales of 24.2%, compared to 26.6% Operating... More