William Lyon Homes Reports Third Quarter 2018 Results
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William Lyon Homes (WLH) Reports In-Line Q3 EPS, Revenues Miss; Offers FY18 Revenue Outlook Below Consensus
October 30, 2018 7:00 AM EDTWilliam Lyon Homes (NYSE: WLH) reported Q3 EPS of $0.68, in-line with the analyst estimate of $0.68. Revenue for the quarter came in at $533.5 million versus the consensus estimate of $568.84 million.
Net income available to common stockholders of $26.6 million, or $0.68 per diluted sharePre-tax income of $40.8 millionNet new home orders of 1,001, up 29%Units in backlog of 1,596, up 32%New home deliveries of 1,053 homes, up 24%Dollar value of homes in backlog of $800.6 million, up 14%Dollar value of orders of $457.6 million, up 8%Average sales locations of 116, up 35%Average sales price... More