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Ryland Group Inc. Message Board

  • hertsisitsrealname hertsisitsrealname Feb 8, 2011 10:42 AM Flag

    Beazer call

    it swung to a quarterly loss of $48.8 million. Total revenue dropped to $110.3 million from $213.1 million in the year-ago quarter, the company said. "As we anticipated, conditions remained very challenging in the home-building sector during our first quarter," said Chief Executive Ian McCarthy in the earnings release. "Despite low interest rates and excellent home price affordability, demand for new homes remained at exceptionally low levels."

    Real nice work Ben!