Tri Pointe Homes, Inc. (TPH) Tops Q3 EPS by 3c, Slight Miss on Revenues

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TRI Pointe Group, Inc. Reports 2018 Third Quarter Results

October 24, 2018 6:00 AM EDT

-Home Sales Revenue up 19% on an 8% Increase in Deliveries and a 10% Increase in Average Sales Price--Homebuilding Gross Margin Percentage Increased 180 Basis Points to 21.3%--Diluted Earnings Per Share of $0.43--Repurchased $139.3 million of Common Stock-

IRVINE, Calif., Oct. 24, 2018 (GLOBE NEWSWIRE) --  TRI Pointe Group, Inc. (the "Company") (NYSE: TPH) today announced results for the third quarter ended September 30, 2018.

Results and Operational Data for Third Quarter 2018 and Comparisons to Third Quarter 2017

Net income available to common stockholders was $64.0... More