FBR Capital Cuts Price Target on Tri Pointe Homes, Inc. (TPH) as Guide Comes in Below Consensus
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TRI Pointe Group, Inc. Reports 2015 Fourth Quarter and Full Year Results
February 26, 2016 6:30 AM EST-Reports Net Income of $85.1 Million, or $0.52 per Diluted Share for the Quarter-
-New Home Orders up 5% and New Home Deliveries up 30% for the Quarter-
-Homebuilding Gross Margin increase to 22.2% for the Quarter-
-Selling, General and Administrative Expenses decrease to 8.4% of Home Sales Revenue for the Quarter-
IRVINE, Calif.--(BUSINESS WIRE)-- TRI Pointe Group, Inc. (NYSE: TPH) today announced results for the fourth quarter ended December 31, 2015 and full year 2015.
On July 7, 2014, TRI Pointe consummated... More
