TRI Pointe Group (TPH) Tops Q3 EPS by 18c, Revenues Beat

Go back to TRI Pointe Group (TPH) Tops Q3 EPS by 18c, Revenues Beat

TRI Pointe Group, Inc. Reports 2020 Third Quarter Results

October 22, 2020 6:00 AM EDT

-Net New Home Orders up 50% Year-Over-Year--Backlog Dollar Value up 39% Year-Over-Year--Homebuilding Gross Margin Percentage of 22.1%--Diluted Earnings Per Share of $0.61-

IRVINE, Calif., Oct. 22, 2020 (GLOBE NEWSWIRE) -- TRI Pointe Group, Inc. (the Company) (NYSE: TPH) today announced results for the third quarter ended September 30, 2020.

TRI Pointe Group delivered another quarter of outstanding results in the third quarter of 2020, generating year-over-year net order growth of 50% and net income of $78.7 million, or earnings per share of $0.61, said TRI Pointe Group Chief Executive Officer Doug Bauer. Our... More