Tri Pointe Homes, Inc. (TPH) Misses Q3 EPS by 1c

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TRI Pointe Group, Inc. Reports 2016 Third Quarter Results

October 27, 2016 6:01 AM EDT

-Reports Net Income Available to Common Stockholders of $34.8 Million, or $0.22 per Diluted Share-
-Home Sales Revenue of $578.7 Million for the Quarter-
-Homebuilding Gross Margin of 20.1% for the Quarter-

IRVINE, Calif.--(BUSINESS WIRE)-- TRI Pointe Group, Inc. (the "Company") (NYSE: TPH) today announced results for the third quarter ended September 30, 2016.

Results and Operational Data for Third Quarter 2016 and Comparisons to Third Quarter 2015

Net income available to common stockholders was $34.8 million, or $0.22 per diluted share, compared to $50.2 million, or $0.31 per diluted share New home orders of... More