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

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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