CalAtlantic Group (CAA) Misses Q2 EPS by 3c

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CalAtlantic Group, Inc. Reports 2017 Second Quarter Results

July 27, 2017 4:15 PM EDT

ARLINGTON, Va., July 27, 2017 /PRNewswire/ -- CalAtlantic Group, Inc. (NYSE: CAA) today announced results for the second quarter ended June 30, 2017.

"The second quarter was a productive one for the Company," said Larry Nicholson, President and Chief Executive Officer of CalAtlantic Group, Inc.  "In addition to our solid operating results, I am pleased with the significant progress we made with our growth initiative, expanding into the robust Seattle and Salt Lake City markets.  Our entry into these strong "top 20" markets offer us great growth and earnings opportunities going forward in sustainable, long-term markets."

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