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Stock impact report

Tri Pointe Homes, Inc. Reports 2024 First Quarter Results [Yahoo! Finance]

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: Yahoo! Finance
Increased 15% Year-Over-Year to 156– –Home Sales Revenue of $918 Million– –Homebuilding Gross Margin Percentage of 23.0%– –Diluted Earnings Per Share of $1.03– –Debt-to-Capital Ratio of 31.2% and Total Liquidity of $1.6 Billion– INCLINE VILLAGE, Nev., April 25, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the “Company”) (NYSE:TPH) today announced results for the first quarter ended March 31, 2024. “I am pleased to report our first quarter results, which again met or exceeded the high end of our guidance across all key operating metrics,” said Doug Bauer, Tri Pointe Homes Chief Executive Officer. “We delivered 1,393 homes at an average sales price of $659,000, resulting in home sales revenue of $918 million, a 20% increase compared to the previous year. Homebuilding gross margin percentage was 23.0% for the quarter, a sequential improvement compared to our most recent quarter. These outstanding results culminated in net income of $99 million and diluted earnings per share of $1 Show less Read more
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