M.D.C. Holdings Q1 Profit Declines - Quick Facts

(RTTNews) - M.D.C. Holdings, Inc. (MDC) reported first-quarter net income declined to $8.4 million or $0.17 per share from $11.5 million or $0.23 per share in the prior-year quarter.

On average, 8 analysts polled by Thomson Reuters expected the company to report earnings of $0.16 per share for the quarter. Analysts' estimates typically exclude special items.

Total home and land sale revenues for the quarter grew to $377.92 million from $318.53 million in the same quarter last year. Analysts expected revenues of $348.16 million.

Revenues from Financial Services increased to $10.59 million from $9.22 million a year ago.