WCI Communities Announces 2016 First Quarter Results

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Raymond James Downgrades WCI Communities (WCIC) to Outperform

April 28, 2016 8:07 AM EDT

Raymond James downgraded WCI Communities (NYSE: WCIC) from Strong Buy to Outperform with a price target of $20.00 (from $23.00).

For an analyst ratings summary and ratings history on WCI Communities click here. For more ratings news on WCI Communities click here.

Shares of WCI Communities closed at $17.62 yesterday.

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WCI Communities (WCIC) Tops Q1 EPS by 8c

April 27, 2016 9:25 AM EDT

WCI Communities (NYSE: WCIC) reported Q1 EPS of $0.25, $0.08 better than the analyst estimate of $0.17. Revenue for the quarter came in at $109 million versus the consensus estimate of $121.9 million.

Keith Bass, the Company's President and Chief Executive Officer, commented, "I am pleased with our... More