Tri Pointe Homes Inc (Delaware) expected to post earnings of 76 cents a share - Earnings Preview

Tri Pointe Homes (Delaware)

23/04/2024 15:43

* Tri Pointe Homes Inc (Delaware)  TPH.N   TPH  is expected
to show a rise in quarterly revenue when it reports  results on
April 25 for the period ending March 31 2024
    * The Incline Village Nevada-based  company is expected to
report
a 13.5% increase in revenue to $875.187 million from $770.79
million a year ago, according to the mean estimate from 6
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 76 cents 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 $39.00​, above​ its last closing price
of $35.27. ​​​

The company's guidance on February 20 2024 for the period ended
March 31 was for gross profit margin between 22% and 23%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.41        0.41       0.73      Beat    77
 ​​Dec.        1.57        1.57       1.98      Beat    26.4
 31 2022                                                
 Sep. 30 2022  1.26        1.23       1.45      Beat    17.9​
 Jun. 30 2022  1.22        1.20       1.33      Beat    11.1
 Mar. 31 2022  0.63        0.61       0.81      Beat    33.6
 This summary was machine generated April 23 at 14:43 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)