William Lyon Homes (WLH) Tops Q1 EPS by 4c
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William Lyon Homes Reports First Quarter 2016 Results
May 9, 2016 6:45 AM EDT35% Increase in Net Income Available to Common Stockholders; 38% Increase in Homebuilding Revenue; and 41% Increase in Dollar Value of Homes in Backlog
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- William Lyon Homes (NYSE: WLH), a leading homebuilder in the Western U.S., announced results for its 2016 first quarter ended March 31, 2016.
2016 First Quarter Highlights (Comparison to 2015 First Quarter)
Net income available to common stockholders of $9.0 million, up 35%, or $0.24 per diluted share, up 32% Home sales revenue of $261.3 million, up 38% Consolidated revenue of $264.4 million, up 34%... More