M.D.C. Holdings (MDC) Tops Q2 EPS by 6c

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M.D.C. Holdings Announces 2016 Second Quarter Results

August 3, 2016 6:00 AM EDT

DENVER, Aug. 3, 2016 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) announced results for the quarter ended June 30, 2016.

2016 Second Quarter Highlights and Comparisons to 2015 Second Quarter

Net income up 35% to $26.9 million, or $0.55 per share from $20.0 million or $0.41 per share Home sale revenues up 24% to $571.2 million from $461.7 million Average sales price up 10% to $449,100 Homes delivered up 13% to 1,272 Dollar value of net new orders up 15% to $723.0 million from $629.7 million Net new orders up 11% to 1,646... More