Standard Pacific posts record earnings 

Home builder Standard Pacific Corp. announced net income of $94.76 million for the first quarter of 2006, up 15.4 percent from $82.12 million in first-quarter 2005, with earnings up 17 percent to a record $1.38 per share.

"This is on top of a 95 percent increase in earnings per share in last year's first quarter," said Stephen J. Scarborough, chairman and CEO.

The company reported a record 2,473 new-home deliveries in the first quarter, up 5 percent from the same quarter last year.

more...

To view this premium content sign in to your Premium Member account.

Premium Members have full access to all news archives & premium content.

Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year

Buy Now

Advertise with Inman

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.