Crest Nicholson Holdings PLC said its normalized net income for the fiscal first half ended April 30 was 14 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 16 pence per share.
EPS increased 50.7% year over year from 9 pence.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £36.4 million, a gain of 51.8% from £24.0 million in the prior-year period.
Total revenue rose 38.2% on an annual basis to £333.2 million from £241.1 million, and total operating expenses increased 37.3% on an annual basis to £269.6 million from £196.4 million.
Reported net income grew 51.5% year over year to £46.7 million, or 18 pence per share, from £30.8 million, or 12 pence per share.
