- Record first quarter net income of $29.3 million - Earnings per share of $1.20 vs. $ .85 a year ago, a 41% increase - Highest first quarter revenues and home closings in Company history - Record quarterly home orders and quarter-end backlog - Homebuilding operating profits of $53.9 million, up 19% - Home gross margins of 23.3%, a 220 basis point increase - Debt to capital ratio of .35 - Interest coverage of 9.9
M.D.C. Holdings, Inc. (www.RichmondAmerican.com) today announced net income for the three months ended March 31, 2001 of $29.3 million, or $1.20 per share -- the highest first quarter net income...
M.D.C. Holdings, Inc. (www.RichmondAmerican.com) today announced that it will be broadcasting a synchronized slide show and audio presentation over the internet on Wednesday, April 18, 2001, at...
- Home orders highest for any quarter in MDC's history - Record first quarter home closings up 13% - Highest backlog in Company's history with more than $1 billion sales value
M.D.C. Holdings, Inc. (www.RichmondAmerican.com) today announced the highest levels of quarterly home orders, first quarter home closings and quarter-end backlog in the Company's history. The...
M.D.C. Holdings, Inc. (www.RichmondAmerican.com) today announced that Fitch IBCA, Duff & Phelps has upgraded the Company's senior unsecured debt and unsecured bank credit facility ratings to...
- Record first quarter earnings and home closings - Earnings per share should exceed highest analyst estimates of $1.01 - Release of earnings anticipated on April 18, 2001
M.D.C. Holdings, Inc. (www.RichmondAmerican.com) today announced, in anticipation of the Company meeting with investors in New York and Boston later this week, that it expects net income and...
The Richmond American Homes companies (RAH), HomeAmerican Mortgage Corporation (HMC), American Home Insurance
Agency (also known as AHI Insurance Agency) (AHI) and American Home Title and Escrow Company (AHT) are
owned, directly or indirectly, by M.D.C. Holdings, Inc. and, therefore, are affiliated companies. Each of
RAH, HMC, AHI and AHT offers services independently of each other, and if you obtain a product or service
from one company, you are not required to utilize the services of, or obtain products from, the other
company. Your decision to use a company that is not affiliated with RAH, HMC, AHI or AHT will not affect
your ability to obtain products and services from these companies. See licensing information.
Certain statements on the Site, including statements regarding the MDC Companies' business, financial condition,
results of operation, cash flows, strategies and prospects, constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be
identified by terminology such as "likely," "may," "will," "should," "expects," "plans," "anticipates,"
"believes," "estimates," "predicts," "potential" or "continue," or the negative of such terms and other
comparable terminology. Such forward-looking statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or achievements of the MDC Companies to be materially
different from any future results, performance or achievements expressed or implied by the forward-looking
statements. Additional information about the risks and uncertainties applicable to the MDC Companies' business
is contained in MDC's filings with the Securities and Exchange Commission, including MDC's Annual Reports on
Form 10-K and Quarterly Reports on Form 10-Q. The MDC Companies undertake no duty to update publicly any
forward-looking statements, whether as a result of new information, future events or otherwise. However, any
further disclosures made on related subjects in MDC's subsequent filings with the Securities and Exchange
Commission, press releases and/or presentations should be considered.
