The New Home Co. (NWHM) Misses Q4 EPS by 2c
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The New Home Company Reports 2016 Fourth Quarter and Full Year Results
February 22, 2017 6:00 AM EST
- Diluted EPS of $0.66 for the Fourth Quarter and $1.01 for the Full
Year -
- Fourth Quarter Total Revenues Increased 66% to $322
million -
- Backlog Dollar Value up 12% to $187 million -
ALISO VIEJO, Calif.--(BUSINESS WIRE)-- The New Home Company Inc. (NYSE: NWHM) today announced results for the 2016 fourth quarter.
Fourth Quarter 2016 Highlights Compared to Fourth Quarter 2015
Net income increased 13% to $13.8 million, or $0.66 per diluted share vs. $12.2 million, or $0.69 per diluted share; Q4 net income includes $3.5 million of pretax inventory impairments, or $0.10 per... More