CalAtlantic Group (CAA) Tops Q2 EPS by 9c; $500M Buyback
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UBS Remains Sidelined on CalAtlantic Group (CAA) Following 2Q EPS Beat
July 29, 2016 8:32 AM EDTUBS reiterated a Neutral rating on CalAtlantic Group (NYSE: CAA), and raised the price target to $40.00 (from $35.00), following the company's 2Q earnings report. CalAtlantic reported EPS of $0.87, ahead of a $0.77 forecast. Unit orders declined 1% YOY vs. +8% forecast as the North's +25% partially offset the Southwest's -24%.... More
