Taylor Morrison Home (TMHC) Tops Q4 EPS by 24c, provides outlook
Taylor Morrison Home (NYSE: TMHC) reported Q4 EPS of $2.64, $0.24 better than the analyst estimate of $2.40. Revenue for the quarter came in at $2.36 billion versus the consensus estimate of $2.11 billion.
Business Outlook
First Quarter 2025
Home closings are expected to be approximately 2,900
Average closing price is expected to be between $590,000 to $600,000
Home closings gross margin is expected to be in the high-23% range
Ending active community count is expected to be between 340 to 345
Effective tax rate is expected to be approximately 24%
Diluted share count is expected to be approximately 104 million
Full Year 2025
Home closings are expected to be between 13,500 to 14,000
Average closing price is expected to be between $590,000 to $600,000
Home closings gross margin is expected to be between 23% to 24%
Ending active community count is expected to be at least 355
SG&A as a percentage of home closings revenue is expected to be in the mid-9% range
Effective tax rate is expected to be between 24.5% to 25%
Diluted share count is expected to be approximately 102 million
Homebuilding land acquisition and development investment is expected to be around $2.6 billion
Share repurchases are expected to be in the range of $300 million to $350 million
For earnings history and earnings-related data on Taylor Morrison Home (TMHC) click here.
