MDC Holdings Earnings Preview: Can This Streak Continue?

MDC Holdings (NYSE:MDC) will report earnings before markets open on Thursday, May 2nd. M.D.C. Holdings, Inc., through its subsidiaries, builds and sells homes under the name Richmond American Homes. The Company also originates mortgage loans primarily for its home buyers. M.D.C. builds its single-family homes in Colorado, Virginia, Maryland, Northern and Southern California, Arizona, and Nevada.

Here is your Cheat Sheet to Mdc Holdings Earnings:

Earnings Expectations: Analysts expect earnings of $0.25 per share on revenues of $310.62 million. Currently, the company’s P/E ratio stands at 28.92.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.34 to a profit $0.37. For the current year, the average estimate is a profit of $1.74, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Mdc Holdings has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,458 898.30 958.66 817.02 1,156
Diluted EPS ($) -8.25 0.52 -1.40 -2.12 1.28

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 239.09 186.27 258.35 320.66 390.86
Diluted EPS ($) -0.4002 0.04 0.22 0.41 0.6079

Past Performance:
Mdc Holdings has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)