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Re: Enterprising Investor post# 2732

Saturday, 10/31/2015 12:02:14 PM

Saturday, October 31, 2015 12:02:14 PM

Post# of 2818
Guidance Lowered from $29 to $32 million to $22 to $25 million (10/30/15)

Due to a number of factors including weather, new community development, labor shortages and an extended building cycle pushing back closings in its core markets, the Company is amending its previously disclosed 2015 guidance” stated James R. Brickman, Green Brick’s Chief Executive Officer. “We now expect pre-tax income attributable to Green Brick in the range of $22 to $24 million for all of 2015. We are excited about our land position and opportunity set and will have further details on the quarter and year to date on the third quarter earnings call scheduled for November 13.


http://www.sec.gov/Archives/edgar/data/1373670/000162612915000243/grbk-8k_102615.htm

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