Taylor Morrison Home (TMHC) Tops Q1 EPS by 6c

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Taylor Morrison Reports First Quarter Revenue of $509 Million and Earnings per Share of $0.79

May 6, 2015 7:00 AM EDT

SCOTTSDALE, Ariz., May 6, 2015 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE: TMHC) today reported first quarter revenue of $509 million, net income of $96 million and earnings per share of $0.79.

"We are continuing to increase our share of the new home market, growing both organically and by acquisition," said Taylor Morrison President and CEO Sheryl Palmer.  "Our recently strengthened balance sheet has allowed us to begin our expansion in the U.S.  With the acquisition of JEH Homes, a regional homebuilder in Atlanta, we have purchased or controlled over 2,000 home sites. ... More