Taylor Morrison Home Corp reports results for the quarter ended in September 30 - Earnings Summary
23/10/2024 14:39
* Taylor Morrison Home Corp TMHC.N reported quarterly
adjusted
earnings of $2.37 per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $1.57. The mean expectation of nine analysts
for the quarter was for earnings of $2.06 per share. Wall Street
expected results to range from $1.93 to $2.20 per share.
* Revenue rose 21.1% to $2.03 billion from a year ago;
analysts
expected $1.94 billion.
* Taylor Morrison Home Corp's reported EPS for the quarter
was
$2.37.
* The company reported quarterly net income of $251.13
million.
* Taylor Morrison Home Corp shares had fallen by 7.7% this
quarter and gained 21.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.
* In the last 30 days, one analyst negatively revised an
earnings
estimate
RECOMMENDATIONS
* 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 average consensus recommendation for the homebuilding
peer
group is also "buy"
Wall Street's median 12-month price target for Taylor Morrison
Home Corp is $74.00
This summary was machine generated from LSEG data October 23 at
01:39 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 2.06 2.37 Beat
Jun. 30 2024 1.90 1.97 Beat
Mar. 31 2024 1.60 1.75 Beat
Dec. 31 2023 1.74 1.58 Missed