Taylor Morrison Home (TMHC) Tops Q2 EPS by 43c
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Taylor Morrison Reports Second Quarter 2022 Results, Including Record Earnings per Diluted Share of $2.45
July 27, 2022 6:15 AM EDTSCOTTSDALE, Ariz., July 27, 2022 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE: TMHC), a leading national land developer and homebuilder, announced results for the second quarter ended June 30, 2022. Reported net income was $291 million, or $2.45 per diluted share, compared to $124 million, or $0.95 per diluted share, in the second quarter of 2021. Excluding gains on an extinguishment of debt and land transfers to unconsolidated joint ventures in the second quarter of 2022, adjusted net income of $271 million and adjusted earnings per diluted share of $2.27 were up 118 percent and 139 percent, respectively, from the second quarter of 2021.
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