Taylor Morrison Home (NYSE: TMHC) reported Q2 EPS of $2.02, $0.07 better than the analyst estimate of $1.95. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.93 billion.

Business Outlook

Third Quarter 2025

Home closings are expected to be between 3,200 to 3,300
Average closing price is expected to be approximately $600,000
GAAP home closings gross margin is expected to be approximately 22%
Ending active community count is expected to be between 340 to 345
Effective tax rate is expected to be approximately 25%
Diluted share count is expected to be approximately 100 million

Full Year 2025

Home closings are expected to be between 13,000 to 13,500
Average closing price is now expected to be between $595,000 to $600,000
GAAP home closings gross margin including impairment and certain warranty charges is now expected to be approximately 22.5%
Adjusted home closings gross margin excluding impairment and certain warranty charges is expected to be approximately 23%*
Ending active community count is now expected to be approximately 350
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 expected to be approximately 101 million
Homebuilding land acquisition and development investment is expected to be around $2.4 billion
Share repurchases are now expected to be at least $350 million

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