TRI Pointe Group, Inc. Reports 2020 Second Quarter Results

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Go back to TRI Pointe Group, Inc. Reports 2020 Second Quarter Results

TRI Pointe Group (TPH) Tops Q2 EPS by 12c, Revenues Beat

July 24, 2020 6:02 AM EDT

TRI Pointe Group (NYSE: TPH) reported Q2 EPS of $0.43, $0.12 better than the analyst estimate of $0.31. Revenue for the quarter came in at $766.9 million versus the consensus estimate of $683.5 million.

Results and Operational Data for Second Quarter 2020 and Comparisons to Second Quarter 2019

Net income was $56.5 million, or $0.43 per diluted share, compared to $26.3 million, or $0.18 per diluted share. In the second quarter of 2020, the Company recorded costs related to the early extinguishment and refinancing of a portion of its Senior Notes due 2021 in connection with the issuance of its Senior Notes due 2028... More