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

Taylor Morrison Home

26/04/2023 14:32

* Taylor Morrison Home Corp  TMHC.N  reported quarterly
adjusted
earnings of $1.74​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of $1.35 per share.
    * Revenue fell 1.9% to $1.61 billion from a year ago;
analysts
expected $1.50 billion. 
    * Taylor Morrison Home Corp's reported EPS for the quarter
was
$1.74​.
    * The mean earnings estimate of analysts had fallen by
about 4.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Taylor Morrison Home Corp shares had risen by 4.9% this
quarter and gained 32.2% so far this year.
    * The company reported quarterly net income of $191.05
million.
    * Wall Street's median 12-month price target for Taylor
Morrison
Home Corp is $40.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.35           1.74           Beat
 Dec. 31 2022      2.69           2.68           Missed
 Sep. 30 2022      2.52           2.75           Beat
 Jun. 30 2022      1.85           2.27           Beat