Tri Pointe Homes Inc (Delaware) expected to post earnings of $1.19 a share - Earnings Preview

Tri Pointe Homes (Delaware)

16/02/2024 14:02

* Tri Pointe Homes Inc (Delaware)  TPH.N   TPH  is expected
to show a fall in quarterly revenue when it reports  results on
February 20 for the period ending December 31 2023
    * The Incline Village Nevada-based  company is expected to
report
a 20.7% decrease in revenue to $1.194 billion from $1.51 billion
a year ago, according to the mean estimate from 5 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 $1.19 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 $35.50​, below​ its last closing price
of $35.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.58        0.57       0.76      Beat    33.7
 Jun. 30 2023  0.59        0.58       0.60      Beat    4
 Mar. 31 2023  0.41        0.41       0.73      Beat    77​
 Dec. 31 2022  1.57        1.57       1.98      Beat    26.4
 ​​Sep.        1.26        1.23       1.45      Beat    17.9
 30 2022                                                
 Jun. 30 2022  1.22        1.20       1.33      Beat    11.1​
 Mar. 31 2022  0.63        0.61       0.81      Beat    33.6
 Dec. 31 2021  1.27        1.25       1.33      Beat    6.5
 This summary was machine generated February 16 at 14:01 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)