Green Brick Partners reports Q1 EPS $1.39, two estimates $1.18

Jim Brickman, CEO and co-founder said, “The new home market remains challenging as mortgage rates increased during the quarter and consumer confidence remains challenged for many of our consumers. We achieved strong results in Q1 despite these continuing headwinds, which we believe is a testament to our disciplined approach to managing incentives and price to maintain sales pace. We also are pleased to announce the milestone of our first sales in the Houston market.”