William Lyon Homes (WLH) Announces Quarterly Earnings Results, Hits Estimates
William Lyon Homes (NYSE:WLH) released its earnings data on Wednesday. The company reported $0.38 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.38, Stock Ratings Network.com reports. The company had revenue of $179.80 million for the quarter, compared to the consensus estimate of $181.24 million.
On a related note, analysts at Citigroup Inc. reiterated a “buy” rating on shares of William Lyon Homes in a research note on Thursday, July 31st. They now have a $31.00 price target on the stock, down previously from $36.00.
William Lyon Homes (NYSE:WLH) opened at 24.01 on Wednesday. William Lyon Homes has a 52 week low of $18.81 and a 52 week high of $31.77. The stock’s 50-day moving average is $27.74 and its 200-day moving average is $27.33. The company has a market cap of $749.6 million and a P/E ratio of 5.23.
William Lyon Homes is primarily engaged in the design, construction and sale of single family detached and attached homes in California, Arizona and Nevada.
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