Green Brick Partners (GRBK) Reports Q1 EPS of $0.20

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Green Brick Partners, Inc. Reports First Quarter 2015 Results

May 13, 2015 4:05 PM EDT

PLANO, Texas, May 13, 2015 /PRNewswire/ -- Green Brick Partners, Inc. (NASDAQ: GRBK) ("we," "Green Brick" or the "Company"), today reported results for its first quarter ended March 31, 2015.

Results for the First Quarter Ended March 31, 2015:

Basic adjusted net income attributable to Green Brick per common share ("Adjusted EPS") for the three months ended March 31, 2015 was $0.20. See "Reconciliation of Non-GAAP Financial Measures." The dollar value of backlog units as of March 31, 2015 was $92.8 million, an increase of 33.5% compared to March 31, 2014. The Company increased home building starts by 91.3% to 199 units... More