Taylor Morrison Reports First Quarter Revenue of $645 Million and Earnings per Share of $0.21

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FBR Capital Raises Price Target on Taylor Morrison Home (TMHC) as Guidance Implies Improvement

May 5, 2016 7:23 AM EDT

FBR Capital reiterated an Outperform rating on Taylor Morrison Home (NYSE: TMHC), and raised the price target to $16.00 (from $15.00), following the company's 1Q earnings report. TMHC reported earnings per share of $0.21, which fell just shy of consensus estimates of $0.23. However, closings and gross margins both... More

Taylor Morrison Home (TMHC) Misses Q1 EPS by 1c

May 4, 2016 7:36 AM EDT

Taylor Morrison Home (NYSE: TMHC) reported Q1 EPS of $0.21, $0.01 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $645.3 million versus the consensus estimate of $605.58 million.

Second Quarter and Full Year 2016 Business Outlook

Second Quarter 2016:

Average community count... More