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Green Brick Partners (GRBK) Reports Q4 Earnings: What Key Metrics Have to Say
GRBKGreen Brick Partners(GRBK) ZACKS·2025-02-27 02:30

Core Insights - Green Brick Partners (GRBK) reported revenue of 567.31millionforthequarterendedDecember2024,reflectinga26567.31 million for the quarter ended December 2024, reflecting a 26% increase year-over-year, although it fell short of the Zacks Consensus Estimate by 4.25% [1] - The company's EPS for the quarter was 2.31, up from 1.58inthesamequarterlastyear,surpassingtheconsensusEPSestimateof1.58 in the same quarter last year, surpassing the consensus EPS estimate of 2.24 by 3.12% [1] Financial Performance Metrics - Net new home orders totaled 878, exceeding the average estimate of 807 from two analysts [4] - New homes delivered were 1,019, slightly below the estimated 1,028 [4] - Backlog units stood at 668, surpassing the average estimate of 588 [4] - Active selling communities at the end of the period numbered 106, just below the estimated 108 [4] - Land and lots revenue was reported at 10.46million,significantlyhigherthantheestimated10.46 million, significantly higher than the estimated 3.50 million, marking a 463.2% increase year-over-year [4] - Residential units revenue reached 556.86million,slightlybelowtheestimated556.86 million, slightly below the estimated 562.77 million, but still representing a 24.2% year-over-year increase [4] Stock Performance - Over the past month, shares of Green Brick Partners have returned -2.8%, compared to a -2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]