Tri Pointe Homes, Inc. Reports 2021 First Quarter Results
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TRI Pointe Group (TPH) Tops Q1 EPS by 13c, Revenues Miss
April 22, 2021 6:06 AM EDTTRI Pointe Group (NYSE: TPH) reported Q1 EPS of $0.59, $0.13 better than the analyst estimate of $0.46. Revenue for the quarter came in at $716.7 million versus the consensus estimate of $737.62 million.
Results and Operational Data for First Quarter 2021 and Comparisons to First Quarter 2020
Net income was $70.8 million, or $0.59 per diluted share, compared to $31.9 million, or $0.24 per diluted share.Home sales revenue of $716.7 million compared to $594.8 million, an increase of 20%New home deliveries of 1,126 homes compared to 958 homes, an increase of 18%Average sales price of homes delivered of $636,000 compared to $621,000, an increase of... More