William Lyon Homes Reports First Quarter 2019 Results

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William Lyon Homes (WLH) Tops Q1 EPS by 1c, Revenues Beat

May 2, 2019 7:10 AM EDT

William Lyon Homes (NYSE: WLH) reported Q1 EPS of $0.21, $0.01 better than the analyst estimate of $0.20. Revenue for the quarter came in at $453.8 million versus the consensus estimate of $410.18 million.

2019 First Quarter Highlights (Comparison to 2018 First Quarter)

Net income available to common stockholders of $8.1 million, or $0.21 per diluted share, compared to $8.3 million, or $0.21 per diluted share in the prior yearPre-tax income of $20.0 million, up from $15.4 million in the prior yearNew home deliveries of 949 homes, up 28%Home sales revenue of $453.8 million, up 22%Average sales price (ASP) of new homes... More