UCP Inc (UCP) Releases Earnings Results, Beats Expectations By $0.03 EPS

UCP Inc (UCP) reported quarterly earnings results on Monday, Aug-1-2016. The company said it had a profit of $0.09 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.06. The company posted revenue of $82.84 million in the period, compared to analysts expectations of $74.37 million. The company’s revenue was up 51.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.08 EPS.

UCP Inc opened for trading at $8.19 and hit $8.4 on the upside on Friday, eventually ending the session at $8.4, with a gain of 0.12% or 0.01 points. The heightened volatility saw the trading volume jump to 18,285 shares. Company has a market cap of $67 M.

In a different news, on Nov 13, 2015, Dustin L. Bogue (PRESIDENT AND CEO) sold 40,000 shares at $7.70 per share price.

UCP Inc. (UCP) is a homebuilder and land developer in California Washington State North Carolina South Carolina and Tennessee. In California the Company operates in the Central Valley area (Fresno and Madera counties) the Monterey Bay area (Monterey County) the South San Francisco Bay area (Santa Clara and San Benito counties) and in Southern California (Los Angeles Ventura and Kern counties). In Washington State it operates in the Puget Sound area (King Snohomish Thurston and Kitsap counties). In North Carolina South Carolina and Tennessee its operations are in the Raleigh Charlotte Myrtle Beach and Nashville markets. The Company operates in two segments: homebuilding and land development. The homebuilding segment includes two geographic regions which include West and Southeast. The land development segment is focused in California and Washington.


Leave a Reply

UCP Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on UCP Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.