Taylor Morrison Home (NYSE: TMHC) reported Q1 EPS of $2.18, $0.29 better than the analyst estimate of $1.89. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.78 billion.

Business Outlook

Second Quarter 2025

Home closings are expected to be approximately 3,200
Average closing price is expected to be around $585,000
Home closings gross margin is expected to be approximately 23%
Ending active community count is expected to be around 345
Effective tax rate is expected to be approximately 25%
Diluted share count is expected to be approximately 102 million

Full Year 2025

Home closings are now expected to be between 13,000 to 13,500

Average closing price is expected to be between $590,000 to $600,000

Home closings gross margin is now expected to be approximately 23%
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 25.0%
Diluted share count is now expected to be approximately 101 million
Homebuilding land acquisition and development investment is now expected to be around $2.4 billion
Share repurchases are now expected to be approximately $350 million

For earnings history and earnings-related data on Taylor Morrison Home (TMHC) click here.