UCP (UCP) Tops Q4 EPS by 10c

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UCP Reports Fourth Quarter and Full Year 2016 Results

February 27, 2017 6:00 AM EST

- Higher Revenues and Disciplined Cost Management Drive Record Earnings in Full Year 2016 -

- Net Income Increases to Record $1.15 Per Share of Class A Common Stock, Including $0.31 One-time Benefit in Full Year 2016 -

- Net Income Increases to $0.89 Per Share, Including $0.61 One-time Benefit in Fourth Quarter 2016 -

- Net New Home Orders Grew 26.1% to 232 in Fourth Quarter 2016 -

- Backlog Units Increased 45.4% to 362 units as of Year-end -

- Repurchased... More