Taylor Morrison Home Corp expected to post earnings of $1.90 a share - Earnings Preview
22/07/2024 16:13
* Taylor Morrison Home Corp TMHC.N TMHC.K is expected
to show
a fall in quarterly revenue when it reports results on July 24
for the period ending June 30 2024
* The Scottsdale Arizona-based company is expected to
report a
10.7% decrease in revenue to $1.839 billion from $2.06 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data. (Sales/Revenue Majority basis is on Home Sales
Revenue)
* LSEG's mean analyst estimate for Taylor Morrison Home
Corp is
for earnings of $1.90 per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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 $62.00, below its last closing price of $64.30.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 1.58 1.60 1.75 Beat 9.7
Dec. 31 2024 1.71 1.74 1.58 Missed -9.1
Sep. 30 2023 1.55 1.55 1.57 Beat 1.2
Jun. 30 2023 1.68 1.68 2.12 Beat 25.8
Mar. 1.36 1.35 1.74 Beat 29.2
31 2023
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. 30 2022 1.86 1.85 2.27 Beat 23
This summary was machine generated July 22 at 15:13 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)