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William Lyon: 4Q Earnings Snapshot

NEWPORT BEACH, Calif. (AP) _ William Lyon Homes (WLH) on Thursday reported fourth-quarter profit of $34.3 million.

On a per-share basis, the Newport Beach, California-based company said it had net income of 89 cents. Earnings, adjusted for non-recurring costs, were 91 cents per share.

The homebuilder posted revenue of $659.6 million in the period.

For the year, the company reported profit of $91.6 million, or $2.32 per share. Revenue was reported as $2.09 billion.

William Lyon shares have risen 34 percent since the beginning of the year. The stock has fallen 41 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLH at https://www.zacks.com/ap/WLH