TRI Pointe Group (TPH) Tops Q3 EPS by 26c

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Go back to TRI Pointe Group (TPH) Tops Q3 EPS by 26c

Tri Pointe Homes, Inc. Reports 2021 Third Quarter Results

October 21, 2021 6:00 AM EDT

-Diluted Earnings Per Share of $1.17--Homebuilding Gross Margin Percentage of 26.3%--Monthly Absorption Rate of 4.1--Backlog Units up 14% Year-Over-Year--Backlog Dollar Value up 17% Year-Over-Year-

INCLINE VILLAGE, Nev., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the Company) (NYSE: TPH) today announced results for the third quarter ended September 30, 2021.

Tri Pointe Homes generated a significant year-over-year increase in profitability in the third quarter of 2021, driven by strong revenue growth and margin expansion, said Doug Bauer, Chief Executive Officer of... More