William Lyon Homes Reports Second Quarter 2019 Results
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William Lyon Homes (WLH) Misses Q2 EPS by 2c, Revenues Miss
August 1, 2019 7:10 AM EDTWilliam Lyon Homes (NYSE: WLH) reported Q2 EPS of $0.31, $0.02 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $465.47 million versus the consensus estimate of $472.24 million.
2019 Second Quarter Highlights (Comparison to 2018 Second Quarter)
Adjusted net income available to common stockholders of $12.2 million, or $0.31 per diluted share, and net income available to common stockholders of $10.5 million, or $0.27 per diluted share, compared to $22.5 million, or $0.57 per diluted share in the prior yearAdjusted pre-tax income of $20.5 million, and pre-tax income of $18.3 million; adjustments include:$1.0 million of transaction expenses... More