Green Brick Partners Q2 2024 Earnings Report

Green Brick Partners EPS Results

• Actual EPS: $2.32
• Consensus EPS: $1.77
• Beat/Miss: Beat by +$0.55
• One Year Ago EPS: $1.63

Green Brick Partners Revenue Results

• Actual Revenue: $560.63 million
• Expected Revenue: $501.51 million
• Beat/Miss: Beat by +$59.12 million
• YoY Revenue Growth: +22.90%

Green Brick Partners Announcement Details

• Quarter: Q2 2024
• Date: 7/31/2024
• Time: After Market Closes
• Conference Call Date: N/A
• Conference Call Time: N/A

Green Brick Partners (NASDAQ:GRBK) (NASDAQ: GRBK) is a Dallas, Texas–based residential homebuilder and land development company. Founded in 2006, the company acquires, develops and sells residential lots and constructs single‐family detached homes, townhomes and multi‐family rental communities. Green Brick Partners also offers master‐planned community development and delivers improved lot ready capability through its funded land development segment.

Operating across key Sun Belt markets, Green Brick Partners serves homebuyers in the Dallas–Fort Worth metroplex, Greater Houston, Austin and the Atlanta metropolitan area. In each region, the company leverages local land inventory to create a diversified portfolio of housing options, from entry‐level single‐family residences to higher‐end, move-up homes and rental apartments. Green Brick’s model integrates lot development and homebuilding to provide flexibility in product mix and pricing.

Since its inception, Green Brick Partners has grown through strategic land acquisitions and disciplined capital allocation. The company’s asset‐light approach to funded land development enables it to finance lot creation while preserving liquidity for homebuilding activities. This two-pronged strategy helps align land investment with market demand and manage cycle-related risks.

Green Brick Partners is led by a senior management team with longstanding experience in residential construction, land acquisition and community planning. The company’s Nasdaq listing underscores its commitment to transparent corporate governance and continued expansion in high-growth housing markets across the southern United States.