Green Brick Partners: 2Q Earnings Snapshot
PLANO, Texas (AP) _ Green Brick Partners Inc. (GRBK) on Monday reported second-quarter net income of $14.9 million.
The Plano, Texas-based company said it had net income of 29 cents per share. Earnings, adjusted for pretax expenses and non-recurring costs, came to 41 cents per share.
The real estate investment company posted revenue of $155 million in the period.
Green Brick Partners shares have dropped 15 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $9.60, a drop of 15 percent in the last 12 months.