TRI Pointe Group, Inc. Reports 2019 First Quarter Results
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Tri Pointe Homes, Inc. (TPH) Misses Q1 EPS by 2c, Revenues Beat; Provides FY19 Business Outlook
April 25, 2019 6:08 AM EDTTri Pointe Homes, Inc. (NYSE: TPH) reported Q1 EPS of $0.00, $0.02 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $492.7 million versus the consensus estimate of $471.65 million.
Results and Operational Data for First Quarter 2019 and Comparisons to First Quarter 2018
Net income was $71,000, or $0.00 per diluted share, compared to $42.9 million, or $0.28 per diluted shareHome sales revenue of $492.7 million compared to $582.6 million, a decrease of 15% New home deliveries of 814 homes compared to 924 homes, a decrease of 12% Average sales price of homes delivered of $605,000 compared to $630,000, a decrease of 4%Homebuilding... More