PLANO, Texas (AP) _ Green Brick Partners Inc. (GRBK) on Monday reported a fourth-quarter loss of $8.2 million, after reporting a profit in the same period a year earlier.
The Plano, Texas-based company said it had a loss of 16 cents per share. Earnings, adjusted for non-recurring costs, were 21 cents per share.
The real estate investment company posted revenue of $136.4 million in the period.
For the year, the company reported profit of $15 million, or 30 cents per share. Revenue was reported as $454.4 million.
Green Brick Partners shares have dropped 7 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $10.50, a climb of 15 percent in the last 12 months.