Money Investor
Long/short equity

This Homebuilder Should Crush Their Q1 Earnings Estimate

Previously, I wrote about why MDC Holdings (NYSE:MDC) is one homebuilder that should be bought today if you want exposure to the sector. This thesis was based on the company being undervalued compared to the peer group as well as the safety net offered by the dividend paid, in addition to the conservative strategy the company uses when acquiring land. I would suggest you read that article for some background before actually pulling the trigger on this investment. I have spent additional time since that article, reviewing the consensus Q1 2013 estimates for MDC. The rest of this article will be dedicated to comparing the consensus estimates to what I believe the company will actually deliver for...

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