Tri Pointe Homes, Inc. (TPH) Misses Q1 EPS by 2c, Revenues Beat; Provides FY19 Business Outlook
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TRI Pointe Group, Inc. Reports 2019 First Quarter Results
April 25, 2019 6:00 AM EDTIRVINE, 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... More
