Taylor Morrison Home Corp expected to post earnings of $1.55 a share - Earnings Preview

Taylor Morrison Home

23/10/2023 18:45

* Taylor Morrison Home Corp  TMHC.N   TMHC.K  is expected
to show
a fall in quarterly revenue when it reports  results on October
25. 
    * The Scottsdale Arizona-based  company is expected to
report  a
19.9% decrease in revenue to $1.629 billion from $2.03 billion a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Taylor Morrison
Home Corp
is for earnings of $1.55 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Taylor
Morrison
Home Corp is $50​, above​ its last closing price of $38.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.68        1.68       2.12      Beat    25.8
 Mar. 31 2023  1.36        1.35       1.74      Beat    29.2
 Dec. 31 2022  2.68        2.69       2.68      Missed  -0.5​
 Sep. 30 2022  2.51        2.52       2.75      Beat    9.3
 ​​Jun.        1.86        1.85       2.27      Beat    23
 30 2022                                                
 Mar. 31 2022  1.27        1.26       1.44      Beat    14.4​
 Dec. 31 2021  2.07        2.07       2.19      Beat    5.7
 Sep. 30 2021  1.19        1.20       1.34      Beat    11.8
 This summary was machine generated October 23 at 17:45 GMT.  All
figures in US dollars  unless otherwise stated