Green Brick reports Q4 EPS $1.18, consensus $1.14

Reports Q4 revenue $431.09M, consensus $356.57M. "Our team did a great job closing out the year. For the full year ended December 31, 2022, we delivered 2,916 homes – a record number – generating 25.3% year-over-year growth in total revenue to $1.76 billion. Diluted earnings per share for 2022 increased 61.8% year-over-year to $6.02, with an annual gross margin of 29.8% and return on equity of 31.4%," said Jim Brickman, CEO and co-founder. "While producing these results, we lowered our debt-to-total-capital ratio to 25.7%. We believe that these numbers reflect our superior lot position and operational excellence, as well as validate our ROE-driven approach."