Taylor Morrison Home Corp reports results for the quarter ended in June - Earnings Summary

Taylor Morrison Home

26/07/2023 14:32

* Taylor Morrison Home Corp  TMHC.N  reported quarterly
adjusted
earnings of $2.12​​ per share for the quarter ended in June. The
mean expectation of ten analysts for the quarter was
for earnings of $1.68 per share.
    * Revenue rose 9.4% to $2.06 billion from a year ago;
analysts
expected $1.69 billion. 
    * Taylor Morrison Home Corp's reported EPS for the quarter
was
$2.12​.
    * The mean earnings estimate of analysts had risen by
about 3.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Taylor Morrison Home Corp shares had risen by 2.6% this
quarter and gained 64.8% so far this year.
    * The company reported quarterly net income of $234.6
million.
    * Wall Street's median 12-month price target for Taylor
Morrison
Home Corp is $50.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.68           2.12           Beat
 Mar. 31 2023      1.35           1.74           Beat
 Dec. 31 2022      2.69           2.68           Missed
 Sep. 30 2022      2.52           2.75           Beat