Tri Pointe Homes(TPH)

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Tri Pointe Homes(TPH) - 2024 Q2 - Quarterly Report
2024-07-25 20:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________________________________________________ FORM 10-Q _____________________________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Fo ...
Tri Pointe Homes(TPH) - 2024 Q2 - Earnings Call Transcript
2024-07-25 18:02
Tri Pointe Homes, Inc. (NYSE:TPH) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants David Lee – General Counsel Doug Bauer – Chief Executive Officer Glenn Keeler – Chief Financial Officer Tom Mitchell – President and Chief Operating Officer Linda Mamet – Executive Vice President and Chief Marketing Officer Conference Call Participants Stephen Kim – Evercore ISI Mike Dahl – RBC Capital Alan Ratner – Zelman & Associates Carl Reichardt – BTIG Jay McCanless – Wedbush Securities Ale ...
Tri Pointe (TPH) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-25 14:35
Shares of Tri Pointe have returned +23.8% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Tri Pointe Homes (TPH) reported $1.13 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 38.3%. EPS of $1.25 for the same period compares to $0.60 a year ago. While investors closely watch year-over-year changes in headline nu ...
Tri Pointe Homes(TPH) - 2024 Q2 - Earnings Call Presentation
2024-07-25 14:16
Return on Equity and Risk Profile Book Value Per Share Debt 14 Significant Land Supply to Fuel Growth Combined Lot Position As of June 30, 2024 Note: Dollars in thousands | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------|--------|-----------------|------------------|------------|-------------------|------------------|------------------------------| | Geography | Owned | Controlled (3) | Total Lots | % Owned | Inventory Dollars | LTM Deliveries | Implied Years of Supply (4) | | Ari ...
Tri Pointe Homes(TPH) - 2024 Q2 - Quarterly Results
2024-07-25 12:43
Carolinas comprises North Carolina and South Carolina. Washington D.C. Area comprises Maryland, Virginia and the District of Columbia. As of June 30, 2024 and December 31, 2023, lots controlled included lots that were under land option contracts or purchase contracts. As of June 30, 2024 and December 31, 2023, lots controlled for Central include 3,449 and 3,561 lots, respectively, and lots controlled for East include 47 and 71 lots, respectively, which represent our expected share of lots owned by our inves ...
Tri Pointe Homes (TPH) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-25 12:10
Tri Pointe Homes (TPH) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items. What's Next for Tri Pointe? Tri Pointe, which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $1.13 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 7.86%. This compares to year-ago revenues of $819. ...
Tri Pointe Homes, Inc. Reports 2024 Second Quarter Results
Newsfilter· 2024-07-25 10:00
INCLINE VILLAGE, Nev., July 25, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the second quarter ended June 30, 2024. Results and Operational Data for Second Quarter 2024 and Comparisons to Second Quarter 2023 -Home Sales Revenue of $1.1 Billion- -Homebuilding Gross Margin Percentage of 23.6%- -Diluted Earnings Per Share of $1.25- -Increased Dollar Value of Backlog to $2.0 Billion- -Reduced Debt by $450 Million- -Homebuilding Debt-to-Capital Ratio Red ...
Tri Pointe Homes, Inc. Reports 2024 Second Quarter Results
GlobeNewswire News Room· 2024-07-25 10:00
"I am pleased to report another quarter of outstanding results, driven by our focus on expanding scale and efficiencies within our existing markets while building a foundation for future growth in our new markets," said Doug Bauer, Tri Pointe Homes Chief Executive Officer. "We delivered 1,700 homes, resulting in home sales revenue of $1.1 billion, a 38% increase compared to the previous year. This strong revenue growth, fueled by the 45% increase in deliveries, resulted in net income of $118 million and dil ...
Tri Pointe (TPH) Moves 5.9% Higher: Will This Strength Last?
ZACKS· 2024-07-17 19:11
Tri Pointe Homes (TPH) shares ended the last trading session 5.9% higher at $44.41. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.7% gain over the past four weeks. The stock might have got a boost on the expectation of potential interest rate cut in September, per the CME FedWatch tool. This home builder is expected to post quarterly earnings of $1.03 per share in its upcoming report, which represents a year-o ...
Tri Pointe Homes, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call Date
Newsfilter· 2024-06-28 10:00
INCLINE VILLAGE, Nev., June 28, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE: TPH) announced today that it will release its financial results for the second quarter of 2024 before the market opens on Thursday, July 25, 2024. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet, E ...