UCP Slips To Q2 Loss - Quick Facts

(RTTNews) - Homebuilder UCP, Inc. (UCP) announced a second-quarter net loss attributable to shareholders of UCP of $0.67 million or $0.08 per share, compared to net income of $0.18 million or $0.02 per share in the prior-year quarter.

On average, three analysts polled by Thomson Reuters expected the company to report earnings of $0.02 per share for the quarter. Analysts' estimates typically exclude special items.

Total consolidated revenues including homebuilding, land development and other revenues, for the quarter declined to $54.73 million from $63.60 million in the same quarter last year. Wall Street analysts had a consensus revenue estimate of $61.31 million for the quarter.