M.D.C. Holdings Q2 Profit Declines - Quick Facts

(RTTNews) - M.D.C. Holdings, Inc. (MDC) reported second-quarter net income of $20.0 million or $0.41 per share, down from $21.5 million or $0.44 per share in the comparable quarter last year.

On average, 8 analysts polled by Thomson Reuters expected the company to report earnings of $0.38 per share for the quarter. Analysts' estimates typically exclude special items.

Total home and land sale revenues for the quarter grew to $461.71 million from $431.26 million in the prior-year quarter. Analysts expected revenues of $504.74 million.

Revenues from Financial Services declined to $11.42 million from $11.49 million a year ago.