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) 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. ...

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 ...

"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 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 ...

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 ...

About Tri Pointe Homes® Those interested in participating in the call can dial in toll-free at (877) 407-3982, or (201) 493-6780 for international participants. Interested parties can also listen to the call live and view the related slides on the internet under the Events & Presentations heading in the Investors section of the Company's website at www.TriPointeHomes.com. One of the largest homebuilders in the U.S., Tri Pointe Homes, Inc. (NYSE: TPH) is a publicly traded company operating in 12 states and t ...

According to our latest data, TPH has moved about 6.6% on a year-to-date basis. Meanwhile, the Construction sector has returned an average of 6.5% on a year-to-date basis. This means that Tri Pointe Homes is performing better than its sector in terms of year-to-date returns. Going forward, investors interested in Construction stocks should continue to pay close attention to Tri Pointe Homes and Advanced Drainage Systems as they could maintain their solid performance. For those looking to find strong Constru ...

For several years now, I have been very interested in the homebuilding market. My fascination in it stems from my formative days as an investor. I originally started doing my own investing after living through the housing collapse that began in 2007. In addition to that nostalgia, I find the dynamics of this market to be interesting. For multiple reasons I won't go into, and that you very likely know already, this country continues to face housing shortages year after year. Because of inflation, demand for ...

"From day one, Linda's dedication to outstanding leadership and commitment to excellence has not only been a recipe for success at Tri Pointe Homes, but a source of inspiration and admiration for those who work alongside her," said Doug Bauer, CEO of Tri Pointe Homes. "Linda possesses a masterful understanding of how to operate and thrive in today's customer- and technology-driven world, and we could not be more pleased that she is expanding her leadership role as we look forward to a bright future for Tri ...