TRI Pointe Group, Inc. Reports 2018 Fourth Quarter and Full Year Results and Announces New Stock Repurchase Program

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Go back to TRI Pointe Group, Inc. Reports 2018 Fourth Quarter and Full Year Results and Announces New Stock Repurchase Program

Tri Pointe Homes, Inc. (TPH) Tops Q4 EPS by 5c

February 26, 2019 6:08 AM EST

Tri Pointe Homes, Inc. (NYSE: TPH) reported Q4 EPS of $0.70, $0.05 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.11 billion.

Net income available to common stockholders was $99.4 million, or $0.70 per diluted share, compared to $74.0 million, or $0.49 per diluted share. In the fourth quarter of 2018, the Company recorded a charge relating to a $17.5 million settlement payment in connection with the settlement of a previously disclosed lawsuit involving a land sale that occurred in 1987 and transaction expenses of $686,000 related to the acquisition of a Dallas, Texas... More