OMG, the horror. The horror.
Homebuilders OMG
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Originally posted by jiesen View PostOMG, the horror. The horror.
M.D.C. Holdings, Inc. (NYSE:MDC) Q3 2023 Earnings Call Transcript October 26, 2023 M.D.C. Holdings, Inc. beats earnings expectations. Reported EPS is $1.4, expectations were $1.18. Operator: Hello and welcome. Please hold for Mr. Derek Kimmerle, VP and Chief Accounting Officer. Please go ahead. Derek Kimmerle: Thank you. Good morning, ladies and gentlemen and welcome to […]
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Originally posted by jiesen View PostMDC beat earnings expectations by 20% and the stock still goes down. They are trading at a 5.4 P/E now (according to Yahoo!). Market gives not a whit about the homebuilders now.
https://finance.yahoo.com/news/m-d-c...154454258.html
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Originally posted by jiesen View PostWell, whaddya know? The homebuilders are BACK in FORCE!
And the market itself is just nuts now.
Today the S&P hit 5150 for the first time. Nikkei also topped 40k for the first time, setting a new all-time high... for the first time in 35 years!
Insane!
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