Green Brick Partners: 3Q Earnings Snapshot
PLANO, Texas (AP) _ Green Brick Partners Inc. (GRBK) on Monday reported third-quarter profit of $12.2 million.
On a per-share basis, the Plano, Texas-based company said it had profit of 24 cents. Earnings, adjusted for non-recurring costs, came to 33 cents per share.
The real estate investment company posted revenue of $150 million in the period.
Green Brick Partners shares have dropped 16 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $9.52, a drop of 13 percent in the last 12 months.