Tri Pointe Homes Inc (Delaware) expected to post earnings of $1.09 a share - Earnings Preview

Tri Pointe Homes (Delaware)

23/07/2024 17:07

* Tri Pointe Homes Inc (Delaware)  TPH.N   TPH  is expected
to show a rise in quarterly revenue when it reports  results on
July 25 for the period ending June 30 2024
    * The Incline Village Nevada-based  company is expected to
report
a 29.7% increase in revenue to $1.073 billion from $826.96
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenue (HSL + LLS + Other))
    * ​LSEG's mean analyst estimate for Tri Pointe Homes Inc
(Delaware) is for earnings of $1.09 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 Tri Pointe
Homes
Inc (Delaware) is $42.00​, below​ its last closing price
of $45.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.79        0.76       1.03      Beat    35.3
 Dec. 31 2024  1.21        1.19       1.36      Beat    14.8
 Sep. 30 2023  0.58        0.57       0.76      Beat    33.7​
 Jun. 30 2023  0.59        0.58       0.60      Beat    4
 ​​Mar.        0.41        0.41       0.73      Beat    77
 31 2023                                                
 Dec. 31 2022  1.57        1.57       1.98      Beat    26.4​
 Sep. 30 2022  1.26        1.23       1.45      Beat    17.9
 Jun. 30 2022  1.22        1.20       1.33      Beat    11.1
 This summary was machine generated July 23 at 16:07 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)