BRIEF-M.D.C. Holdings Announces First Quarter 2022 Results

BY Reuters
— 6:09 AM ET 04/28/2022

April 28 (Reuters) - MDC Holdings Inc (MDC):

* M.D.C. HOLDINGS ANNOUNCES FIRST QUARTER 2022 RESULTS

* QTRLY HOME SALE REVENUES INCREASED 19% TO $1.24 BILLION FROM $1.04 BILLION

* QTRLY AVERAGE SELLING PRICE OF DELIVERIES UP 16% TO $556,000

* Q1 EARNINGS PER SHARE $2.02

* PROJECTED HOME DELIVERIES FOR 2022 Q2 BETWEEN 2,400 AND 2,600

* PROJECTED AVERAGE SELLING PRICE FOR 2022 Q2 UNIT DELIVERIES BETWEEN $560,000 AND $570,000

* PROJECTED FULL YEAR 2022 HOME DELIVERIES BETWEEN 10,500 AND 11,000

* Q1 EARNINGS PER SHARE VIEW $1.91, REVENUE VIEW $1.21 BILLION -- REFINITIV IBES DATA Source text for Eikon: Further company coverage:

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