Ryland Third Quarter Numbers
Quarter Three Fiscal Year
Profit/(Loss) ($21.3 M)  +29% ($51.6 M) +22%
Home Deliveries 1,015 +20% 2,587 -22%
New Orders 1,008 +26% 3,039 +4%


Behind the Numbers:

Ryland did a better job selling houses in its third quarter, which helped staunch its losses some. But the California-based company would have had nearly break-even earnings if it weren’t for the $17 million worth of costs it absorbed to begin to shut down its operations in Dallas and Jacksonville, Fla. Sales were helped with a 13% climb in the number of communities the company has open, from 186 to 211.

*Quarter ended Sept. 30,2011

Learn more about markets featured in this article: Los Angeles, CA, Jacksonville, FL, Dallas, TX.