TRI Pointe Group, Inc. Reports 2019 Fourth Quarter and Full Year Results and Announces New Stock Repurchase Program
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TRI Pointe Group (TPH) Tops Q4 EPS by 15c, Revenues Beat
February 18, 2020 4:07 PM ESTTRI 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