TRI Pointe Group, Inc. Reports 2019 Third Quarter Results

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Go back to TRI Pointe Group, Inc. Reports 2019 Third Quarter Results

TRI Pointe Group (TPH) Tops Q3 EPS by 8c, Revenues Beat

October 31, 2019 6:16 AM EDT

TRI Pointe Group (NYSE: TPH) reported Q3 EPS of $0.44, $0.08 better than the analyst estimate of $0.36. Revenue for the quarter came in at $746.27 million versus the consensus estimate of $711.8 million.

Results and Operational Data for Third Quarter 2019 and Comparisons to Third Quarter 2018

Net income was $62.9 million, or $0.44 per diluted share, compared to $64.0 million, or $0.43 per diluted shareHome sales revenue of $746.3 million compared to $771.8 million, a decrease of 3%New home deliveries of 1,187 homes compared to 1,205 homes, a decrease of 1%Average sales price of homes delivered of $629,000 compared to $640,000, a decrease of... More