Taylor Morrison Home Corp expected to post earnings of $2.06 a share - Earnings Preview

Taylor Morrison Home

21/10/2024 16:50

* Taylor Morrison Home Corp  TMHC.N   TMHC.K  is expected
to show
a rise in quarterly revenue when it reports  results on October
23 for the period ending January 1 0001
    * The Scottsdale Arizona-based  company is expected to
report a
15.9% increase in revenue to $1.943 billion from $1.68 billion a
year ago, according to the mean estimate from 8 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 $2.06 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"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 74.00​, above​ its last closing price of $70.97.
​​​

The company's guidance on July 24 2024 for the period ended
September 30 was for gross profit margin of 24%.
This summary was machine generated October 21 at 15:49 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)