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

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

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

February 26, 2019 6:00 AM EST

IRVINE, Calif., Feb. 26, 2019 (GLOBE NEWSWIRE) -- TRI Pointe Group, Inc. (the Company) (NYSE: TPH) today announced results for the fourth quarter ended December 31, 2018 and full year 2018.  The Company also announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $100 million of Company common stock through March 31, 2020 (the Repurchase Program).

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

Net income available to common stockholders was $99.4 million, or $0.70 per diluted share,... More