TPH - These Analysts Raise Their Forecasts On Tri Pointe Homes After Upbeat Results | Benzinga
Tri Pointe Homes, Inc. (NYSE: TPH) reported upbeat earnings for its fourth quarter on Tuesday.
Tri Pointe Homes posted quarterly earnings of $1.36 per share, versus market estimates of $1.18 per share. The company’s quarterly sales came in at $1.24 billion compared to expectations of $1.19 billion.
"2023 proved to be another strong year for Tri Pointe Homes, capped off by a successful fourth quarter, during which we reported home sales revenue of $1.2 billion, homebuilding gross margin percentage of 22.9%, and diluted earnings per share of $1.36,” said Doug Bauer, Tri Pointe Homes Chief Executive Officer. ...