Ryland Group (RYL)reported Wednesday after the bell a loss of $1.20 per share compared to a loss of $1.54 per share in the year-ago period.The loss for the recent quaerter included inventory and other valuation adjustements and write offs of $39.1 million or 89 cents per share.
Analysts, on average, estimated a loss of 88 cents per share for the quarter. Analysts' estimate typically exclude one-time items.
Consolidated revenues fell 39.7% year-over-year to $327.8 million and also trailed the consensus estimate of $353.97 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.