Taylor Morrison Home (TMHC) Q1 Earnings and Revenues Surpass Estimates

Taylor Morrison Home (TMHC) came out with quarterly earnings of $2.18 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.84%. A quarter ago, it was expected that this home builder would post earnings of $2.40 per share when it actually produced earnings of $2.64, delivering a surprise of 10%. There are no easy answers to thi ...