TRI Pointe Group (TPH) Tops Q4 EPS by 43c

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Go back to TRI Pointe Group (TPH) Tops Q4 EPS by 43c

TRI Pointe Group (TPH) Reports Q4, Announces $250M Share Buyback

February 21, 2023 6:03 AM EST

Tri Pointe Homes, Inc. (the Company) (NYSE: TPH) today announced results for the fourth quarter ended December 31, 2022 and full year 2022. The Company also announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $250 million of common stock through December 31, 2023 (the Repurchase Program).

Tri Pointe Homes delivered another quarter of strong profitability for the fourth quarter of 2022, reporting all-time highs for quarterly home sales revenue of $1.5 billion, pre-tax income of $274 million, and diluted earnings per share of $1.98, said Doug Bauer, Tri Pointe Homes Chief Executive Officer. The... More