TRI Pointe Group, Inc. Reports 2019 Fourth Quarter and Full Year Results and Announces New Stock Repurchase Program

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Go back to TRI Pointe Group, Inc. Reports 2019 Fourth Quarter and Full Year Results and Announces New Stock Repurchase Program

TRI Pointe Group (TPH) Tops Q4 EPS by 15c, Revenues Beat

February 18, 2020 4:07 PM EST

TRI Pointe Group (NYSE: TPH) reported Q4 EPS of $0.85, $0.15 better than the analyst estimate of $0.70. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.09 billion.

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

Net income available to common stockholders was $118.0 million, or $0.85 per diluted share, compared to $99.4 million, or $0.70 per diluted shareHome sales revenue for the quarter was $1.1 billion, an increase of 2% -- New home deliveries of 1,795 homes compared to 1,727 homes, an increase of 4% -- Average sales price of homes delivered of $634,000 compared to... More