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Stock impact report

TRI Pointe Group, Inc. Reports 2019 First Quarter Results

Tri Pointe Homes, Inc. (TPH) 
Last tri pointe homes, inc. earnings: 4/23 04:05 pm Check Earnings Report
US:NYSE Investor Relations: tripointegroup.com/investors/overview
Company Research Source: GlobeNewswire
IRVINE, Calif., April 25, 2019 (GLOBE NEWSWIRE) -- TRI Pointe Group, Inc. (the “Company”) (NYSE:TPH) today announced results for the first quarter ended March 31, 2019. “New home demand rebounded nicely in the first quarter of 2019, as buyers responded positively to the decline in interest rates and a more competitive pricing environment,” said TRI Pointe Group Chief Executive Officer Doug Bauer. “TRI Pointe Group averaged 3.0 orders per community per month during the period, which represented a 44% improvement from the fourth quarter of 2018 and exceeded our internal projections. California continues to be an important market for TRI Pointe Group, and we saw encouraging results as we moved through the quarter with orders per community per month of 2.0, 3.5 and 3.9 for January, February and March, respectively. We are optimistic we can sustain this momentum as we head into the latter half of the spring selling season.” Mr. Bauer continued, “We grew our quarter-end community count Show less Read more
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