Taylor Morrison Reports First Quarter 2021 Results, Including 42% Year-Over-Year Growth to 4.3 Net Sales Orders per Community

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/24/2026

1. QCOM
2. FDX
3. CBRS
4. USO
5. MU
6. SPY
7. KBH
8. HON
9. HTZ
10. GOOGL

Go back to Taylor Morrison Reports First Quarter 2021 Results, Including 42% Year-Over-Year Growth to 4.3 Net Sales Orders per Community

Taylor Morrison Home (TMHC) Reports In-Line Q1 EPS, Revenues Miss

April 29, 2021 6:57 AM EDT

Taylor Morrison Home (NYSE: TMHC) reported Q1 EPS of $0.75, in-line with the analyst estimate of $0.75. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.47 billion.

The Company's first quarter included the following results, as compared to the prior-year quarter:

Net sales orders increased 30 percent to 4,492.Monthly absorptions increased 42 percent to 4.3 net sales orders per community, a company record high.Home closings gross margin increased 320 basis points to 18.6 percent.Backlog increased 54 percent to 10,074 sold homes with a sales value of $5.3 billion, up 70 percent.Homebuilding lot... More