Green Brick Partners (GRBK) Tops Q1 EPS by 2c

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Green Brick Partners, Inc. Reports First Quarter 2016 Results

May 9, 2016 4:05 PM EDT

PLANO, TX -- (Marketwired) -- 05/09/16 -- Green Brick Partners, Inc. (NASDAQ: GRBK) ("we," "Green Brick" or the "Company"), today reported results for its first quarter ended March 31, 2016.

Results for the First Quarter Ended March 31, 2016:

For the three months ended March 31, 2016, the Company had revenue of $70.0 million, gross profit of $15.7 million, and pre-tax income of $4.5 million. This compares to revenues of $58.5 million, gross profit of $16.2 million, and pre-tax income of $6.2 million for the first quarter ended March 31, 2015. The decrease in pre-tax... More