Tuesday, May 8, 2007

UPDATE 2-WCI Communities posts quarterly loss

(Reuters) - The company posted a first-quarter net loss of $15.8 million, or $38 cents per share, versus a profit of $40.2 million, or $89 cents per share, in the year-earlier quarter.

The loss was wider than the 22 cent loss analysts polled by Reuters Estimates had expected.


Read more at Reuters.com Mergers News

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