Millrose: Fourth Quarter Earnings Overview

Millrose Properties Inc. Announces Fourth Quarter Financial Results

Millrose Properties Inc., headquartered in Miami, revealed on Thursday that it achieved a net profit of $122.2 million during the fourth quarter.

Earnings for the quarter amounted to $0.74 per share.

This real estate investment trust, which focuses on acquiring and developing land for residential construction, reported quarterly revenue of $189.5 million.

Looking at the full year, Millrose Properties recorded a total profit of $404.8 million, translating to $2.44 per share, with annual revenue reaching $600.5 million.