M.D.C. Holdings Fourth Quarter Earnings Sneak Peek

M.D.C. Holdings, Inc. (NYSE:MDC) will unveil its latest earnings tomorrow, Thursday, January 31, 2013. M.D.C. Holdings operates in the field of homebuilding and financial services. Its homebuilding operations consist of construction and sale of single-family detached homes and financial services includes mortgage loans and title agency services.

M.D.C. Holdings, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 43 cents per share, a spike from net loss of 8 cents in the year-ago quarter. During the past three months, the average estimate has moved up from 28 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 43 cents during the last month. For the year, analysts are projecting profit of $1.11 per share, a spike from a loss of $1.27 last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 20 cents, reporting net income of 41 cents per share against a mean estimate of profit of 21 cents per share.

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A Look Back: In the third quarter, the company swung to a profit of $20.1 million (41 cents a share) from a loss of $31.7 million (68 cents) a year earlier, beating analyst estimates. Revenue rose 51.7% to $320.7 million from $211.4 million.

Here’s how M.D.C. Holdings traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: