Tri Pointe Homes Inc (Delaware) reports results for the quarter ended in September - Earnings Summary

Tri Pointe Homes (Delaware)

26/10/2023 14:31

* Tri Pointe Homes Inc (Delaware)  TPH.N  reported quarterly
adjusted earnings of 76 cents​​ per share for the quarter ended
in September. The mean expectation of seven analysts for the
quarter was for earnings of 57 cents per share.
    * Revenue fell 22% to $827.76 million from a year ago;
analysts
expected $758.92 million. 
    * Tri Pointe Homes Inc (Delaware)'s reported EPS for the
quarter
was 76 cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Tri Pointe Homes Inc (Delaware) shares had fallen by 10.0%
this
quarter and gained 32.4% so far this year.
    * The company reported quarterly net income of $75.4
million.
    * Wall Street's median 12-month price target for Tri Pointe
Homes
Inc (Delaware) is $37.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.57           0.76           Beat
 Jun. 30 2023      0.58           0.60           Beat
 Mar. 31 2023      0.41           0.73           Beat
 Dec. 31 2022      1.57           1.98           Beat