TRI Pointe Group, Inc. Reports 2020 Third Quarter Results
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TRI Pointe Group (TPH) Tops Q3 EPS by 18c, Revenues Beat
October 22, 2020 6:03 AM EDTTRI Pointe Group (NYSE: TPH) reported Q3 EPS of $0.61, $0.18 better than the analyst estimate of $0.43. Revenue for the quarter came in at $826.04 million versus the consensus estimate of $737.71 million.
TRI Pointe Group delivered another quarter of outstanding results in the third quarter of 2020, generating year-over-year net order growth of 50% and net income of $78.7 million, or earnings per share of $0.61, said TRI Pointe Group Chief Executive Officer Doug Bauer. Our homebuilding operations continue to benefit from extremely strong housing fundamentals, marked by low interest rates, scarcity of new and existing home inventory and highly motivated... More
