MDC Holdings Q3 2018 Earnings Webcast Presentation

M.D.C. Holdings, Inc. reported third quarter 2018 financial results with home sale revenues increasing 31% to $766.0 million and gross margins expanding 140 basis points to 17.7%. The homebuilder achieved net income of $53.4 million, or $0.93 per diluted share, while maintaining strong operational metrics including a 2.67 monthly sales absorption pace and 2,878 lots approved for purchase.