Sterne Agee CRT Upgrades Taylor Morrison Home (TMHC) to Buy

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Go back to Sterne Agee CRT Upgrades Taylor Morrison Home (TMHC) to Buy

Taylor Morrison Reports Second Quarter Revenue of $701 Million and Adjusted Earnings per Share of $0.33

August 5, 2015 7:01 AM EDT

SCOTTSDALE, Ariz., Aug. 5, 2015 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE: TMHC) today reported second quarter total revenue of $701 million, adjusted net income of $40 million and adjusted earnings per share of $0.33.

"With a focus on delivering against our four-pillar strategy and a strong step toward expanding our U.S. footprint, I am extremely pleased with our second quarter results as indications of healthy housing demand remain intact," said Taylor Morrison's President and CEO, Sheryl Palmer. "The recently announced acquisition of three prime business units of Orleans Homes marks our entrance into the... More