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Stock impact report

Green Brick Partners, Inc. Reports Record Second Quarter 2022 Results

Green Brick Partners, Inc. (GRBK) 
Last green brick partners, inc. earnings: 3/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: greenbrickpartners.com
Company Research Source: GlobeNewswire
RECORD HOME CLOSINGS REVENUE OF $510.5 MILLION, UP 53.6%RECORD INCOME BEFORE TAXES OF $138.3 MILLION, UP 86.9%HOME BUILDING GROSS MARGIN UP 550 BPS TO 32.3%RECORD DILUTED EPS OF $2.08, UP 103.9% PLANO, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE: GRBK) (“we,” “Green Brick” or the “Company”) today reported record results for its second quarter ended June 30, 2022. “We are pleased to report another outstanding quarter highlighted by record EPS of $2.08 per diluted share, which was up 73.3% sequentially over the first quarter of 2022 on a 33.4% sequential growth in total revenues. During the second quarter, we delivered a record number of homes and achieved a record high home building gross margin of 32.3%, which was up 450 basis points sequentially,” said Jim Brickman, CEO and Co-Founder. “Year-to-date, we were able to generate annualized returns on equity of 37.4%. Additionally, to further enhance shareholder value, we repurchased another 3.7 million s Show less Read more
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