William Lyon Homes Reports Second Quarter 2018 Results

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William Lyon Homes (WLH) Tops Q2 EPS by 3c, Beats on Revenues

July 31, 2018 7:01 AM EDT

William Lyon Homes (NYSE: WLH) reported Q2 EPS of $0.58, $0.03 better than the analyst estimate of $0.55. Revenue for the quarter came in at $519.45 million versus the consensus estimate of $507.27 million.

2018 Second Quarter Highlights (Comparison to 2017 Second Quarter)

Net income available to common stockholders of $22.5 million, or $0.57 per diluted shareAdjusted net income available to common stockholders of $23.1 million, or $0.58 per diluted share, compared to $19.0 million, or $0.49 per diluted share in the prior period, up 22% and 18%, respectivelyPre-tax income of $35.0 million, up 19%Adjusted pre-tax income of $35.8 million, up 21%, which excludes transaction... More