TRI Pointe Group, Inc. Reports 2019 Third Quarter Results

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