{"id":21389,"date":"2014-05-07T07:40:27","date_gmt":"2014-05-07T11:40:27","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=21389"},"modified":"2014-05-07T07:40:27","modified_gmt":"2014-05-07T11:40:27","slug":"standard-pacific-corp-nysespf-announces-q1-results","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/standard-pacific-corp-nysespf-announces-q1-results-21389","title":{"rendered":"Standard Pacific Corp. (NYSE:SPF) Announces Q1 Results!"},"content":{"rendered":"

Boston, MA 05\/07\/2014 (wallstreetpr) \u2013\u00a0Standard Pacific Corp. (NYSE:SPF)<\/strong> is nation’s 12th largest real estate builder group. In a span of more than 46 years, the company has manufactured homes for more than 113,000 families. The best thing about Standard Pacific Corp. is that no matter if you have a small budget or big budget, you will always find the best option available with them.<\/p>\n

Recently this top notched company announced its Q1 results. According to these results, the net income of the company in Q1 totaled as $38.2 million, if compared to last year’s net income of $21.8 million, the company has grown significantly. The earnings per diluted share had amounted to $0.09 in comparison to last year’s $0.05. Both of these figures represent that despite of downturn in global real-estate market, the company is able to attain a decent hike in overall income.<\/p>\n

Standard Pacific Corp. (NYSE:SPF)\u00a0received 1,311 new orders in Q1 that were 6% down than last year’s total orders, but even after this slight downturn the company poised $61.6 million pretax income which was 74% more than last year’s income. The company was able to register 174 active selling communities in Q1, 10% more than the last year.<\/p>\n

The total revenue generate through home sales by the company in Q1 amounted $446.9 million which was 26% more than the last year. The average selling price of the units sold was $449 thousand, 20% more than the last year’s figures. In Q1, the company delivered 995 new homes, which was 5% more than the last year’s numbers.<\/p>\n

So on the basis of these figures, it can be said that the company has done a wonderful job in Q1. The market was not in perfect shape during last few months, yet the company delivered more than what was expected. Coming few months will bring new happiness in the market. The earnings per capita is expected to improve. There is no doubt that Standard Pacific Corp. (NYSE:SPF)\u00a0will perform better in Q2 than Q1.<\/p>\n","protected":false},"excerpt":{"rendered":"

Boston, MA 05\/07\/2014 (wallstreetpr) \u2013\u00a0Standard Pacific Corp. (NYSE:SPF) is nation’s 12th largest real estate builder group. In a span of more than 46 years, the […]<\/p>\n","protected":false},"author":32,"featured_media":21390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[6386,6385],"stock_ticker":[],"class_list":["post-21389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nysespf","tag-standard-pacific-corp-nysespf","entry"],"acf":[],"yoast_head":"\nStandard Pacific Corp. 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