CalAtlantic Group (CAA) Tops Q1 EPS by 9c

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Go back to CalAtlantic Group (CAA) Tops Q1 EPS by 9c

CalAtlantic Group, Inc. Reports 2016 First Quarter Results

May 5, 2016 4:16 PM EDT

IRVINE, Calif., May 5, 2016 /PRNewswire/ -- CalAtlantic Group, Inc. (NYSE: CAA) today announced results for the first quarter ended March 31, 2016.

Larry Nicholson, President and Chief Executive Officer of CalAtlantic Group, Inc. commented, "I am pleased with our first quarter results and the solid start to 2016.  With home sale revenues up 22% and adjusted pretax income up 48%*, compared to the pro forma prior year period, we are laying the foundation for what I believe will be a strong year for CalAtlantic."

2016 CalAtlantic First Quarter Highlights and Comparisons to 2015 First Quarter 2016... More