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

Taylor Morrison Home

25/10/2023 14:32

* Taylor Morrison Home Corp  TMHC.N  reported quarterly
adjusted
earnings of $1.57​​ per share for the quarter ended in
September. The mean expectation of nine analysts for the quarter
was for earnings of $1.55 per share.
    * Revenue fell 17.6% to $1.68 billion from a year ago;
analysts
expected $1.63 billion. 
    * Taylor Morrison Home Corp's reported EPS for the quarter
was
$1.57​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Taylor Morrison Home Corp shares had fallen by 8.2% this
quarter and gained 28.8% so far this year.
    * The company reported quarterly net income of $170.69
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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.55           1.57           Beat
 Jun. 30 2023      1.68           2.12           Beat
 Mar. 31 2023      1.35           1.74           Beat
 Dec. 31 2022      2.69           2.68           Missed