TRI Pointe Group, Inc. Reports 2018 Second Quarter Results
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Go back to TRI Pointe Group, Inc. Reports 2018 Second Quarter Results
July 30, 2018 8:47 AM EDT
RBC Capital lowered its price target on TRI Pointe Homes (NYSE: TPH) to $17.00 (from $19.00) while maintaining a Sector Perform rating.
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July 27, 2018 6:02 AM EDT
Tri Pointe Homes, Inc. (NYSE: TPH) reported Q2 EPS of $0.42, $0.06 better than the analyst estimate of $0.36. Revenue for the quarter came in at $768.8 million versus the consensus estimate of $723.41 million.
Results and Operational Data for Second Quarter 2018 and Comparisons to Second Quarter 2017
Net income available to common stockholders was $63.7 million, or $0.42 per diluted share, compared to $32.7 million, or $0.21 per diluted shareNew home orders of 1,343 compared to 1,445, a decrease of 7%Active selling communities averaged 130.8 compared to 126.8, an increase of 3%New home orders per average selling community were 10.3 orders (3.4 monthly) compared to...
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