M.D.C. Holdings, Inc. (NYSE:MDC) reported Q1 EPS of $2.02, $0.11 better than the analyst estimate of $1.91. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.21 billion. Unit deliveries up 3% to 2,233. Average selling price of deliveries up 16% to $556,000.
GUIDANCE:
- Projected home deliveries for the 2022 second quarter between 2,400 and 2,600
- Projected average selling price for 2022 second quarter unit deliveries between $560,000 and $570,000
- Projected full year 2022 home deliveries between 10,500 and 11,000
For earnings history and earnings-related data on M.D.C. Holdings, Inc. (MDC) click here.