Core Viewpoint - Investors in the Building Products - Home Builders sector should consider Tri Pointe Homes (TPH) and Persimmon Plc (PSMMY) for potential value opportunities [1] Group 1: Company Rankings and Earnings Outlook - Both TPH and PSMMY hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and an improving earnings outlook for both companies [3] - Value investors look beyond earnings estimates and consider various valuation metrics to assess if a company is undervalued [3] Group 2: Valuation Metrics - TPH has a forward P/E ratio of 8.73, while PSMMY has a forward P/E of 19.34, suggesting TPH may be a more attractive option based on this metric [5] - TPH's PEG ratio is 0.67, compared to PSMMY's PEG ratio of 1.37, indicating TPH's expected earnings growth is more favorable relative to its valuation [5] - TPH's P/B ratio is 1.19, while PSMMY's P/B ratio is 1.55, further supporting TPH's stronger valuation metrics [6] - TPH has a Value grade of A, while PSMMY has a Value grade of C, highlighting TPH as the superior value option [6][7]

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 September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

Tri Pointe Homes (TPH) reported $1.11 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 34.9%. EPS of $1.18 for the same period compares to $0.76 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.02 billion, representing a surprise of +8.79%. The company delivered an EPS surprise of +15.69%, with the consensus EPS estimate being $1.02.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

Exhibit 99.1 TRI POINTE HOMES, INC. REPORTS 2024 THIRD QUARTER RESULTS -New Home Deliveries of 1,619- -Home Sales Revenue of $1.1 Billion- -Homebuilding Gross Margin Percentage of 23.3%- -Diluted Earnings Per Share of $1.18- -Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.1%- INCLINE VILLAGE, Nev., October 24, 2024 / Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the third quarter ended September 30, 2024. "Tri Pointe Homes once again delivered excellent financ ...

Company Performance - Tri Pointe Homes (TPH) reported quarterly earnings of $1.18 per share, exceeding the Zacks Consensus Estimate of $1.02 per share, and up from $0.76 per share a year ago, representing an earnings surprise of 15.69% [1] - The company achieved revenues of $1.11 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 8.79%, compared to revenues of $825.3 million in the same quarter last year [1] - Over the last four quarters, Tri Pointe has consistently surpassed consensus EPS and revenue estimates [1] Stock Performance - Tri Pointe shares have increased approximately 20.1% since the beginning of the year, while the S&P 500 has gained 21.5% [2] - The current Zacks Rank for Tri Pointe is 3 (Hold), indicating expected performance in line with the market in the near future [4] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $1.39 on revenues of $1.25 billion, and for the current fiscal year, it is $4.68 on revenues of $4.32 billion [4] - The trend of estimate revisions for Tri Pointe is mixed, and future changes in estimates will be closely monitored following the recent earnings report [4] Industry Context - The Building Products - Home Builders industry is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [5] - Beazer Homes (BZH), another company in the same industry, is expected to report quarterly earnings of $1.36 per share, reflecting a year-over-year decline of 24.4%, with revenues projected at $774.29 million, a 20% increase from the previous year [5]

-New Home Deliveries of 1,619--Home Sales Revenue of $1.1 Billion--Homebuilding Gross Margin Percentage of 23.3%--Diluted Earnings Per Share of $1.18--Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.1%- INCLINE VILLAGE, Nev., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the “Company”) (NYSE:TPH) today announced results for the third quarter ended September 30, 2024. “Tri Pointe Homes once again delivered excellent financial results for the third quarter,” said Doug Bauer, Tri Poi ...

Final New Construction Phase of Sought-After Community Offers Two- and Three-Story Townhomes in Charming and Historic Raleigh SuburbRALEIGH, N.C., Oct. 21, 2024 /PRNewswire/ -- Tri Pointe Homes®, a nationally recognized and rapidly expanding leader in the Raleigh new home real estate sector, is now selling The Mews at Holding Village, the final new construction phase in the popular Holding Village neighborhood in Wake Forest. Priced from the mid $300s, these two- and three-story townhomes provide low-mainte ...

Homebuilder Awarded More Than 10 Accolades Including Home of the Year and Salesperson of the Year POTOMAC, Md., Oct. 10, 2024 /PRNewswire/ -- Tri Pointe Homes, Inc. (NYSE: TPH) is pleased to announce that its D.C. Metro division received 13 awards (eleven awards and two awards of merit) across the categories of design & architecture, interior merchandising and sales & marketing during the Great American Living Awards held on October 9, 2024. Tri Pointe Homes also received two of the most prominent awards of ...

Core Points - Tri Pointe Homes, Inc. will release its financial results for Q3 2024 on October 24, 2024, before market opens [1] - A conference call to discuss the results will be held at 7:00 AM Pacific (10:00 AM Eastern) on the same day, hosted by key executives [1] - The company is recognized as one of the largest homebuilders in the U.S., operating in 12 states and the District of Columbia [4] Company Overview - Tri Pointe Homes is a publicly traded company known for its customer experience, innovative design, and environmentally responsible practices [4] - The company has received multiple awards, including being named to the 2024 Fortune World's Most Admired Companies™ list and the 2023 Fortune 100 Best Companies to Work For® [4] - Tri Pointe Homes has been recognized as a Great Place To WorkCertified™ company for four consecutive years (2021-2024) [4]

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...