Unlocking Q2 Potential of Taylor Morrison (TMHC): Exploring Wall Street Estimates for Key Metrics

Core Insights - Wall Street analysts expect Taylor Morrison Home (TMHC) to report quarterly earnings of $1.94 per share, reflecting a year-over-year decline of 1.5% [1] - Revenue is anticipated to be $1.96 billion, down 1.3% from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating a reassessment of projections by analysts [1] Revenue Estimates - Analysts project 'Revenue- Home closings' to reach $1.88 billion, indicating a year-over-year decrease of 2.1% [4] - 'Revenue- Financial services revenue' is expected to be $49.85 million, showing a year-over-year increase of 1.9% [4] - 'Revenue- Land closings' is forecasted to be $17.50 million, reflecting a significant year-over-year increase of 32.2% [4] Additional Revenue Metrics - 'Revenue- Amenity and other revenue' is likely to reach $35.00 million, representing a substantial year-over-year increase of 298.8% [5] - 'Ending Active Selling Communities' is estimated at 345, slightly down from 347 in the previous year [5] - 'Net sales orders' are projected to be 3,096, down from 3,111 year-over-year [5] Sales and Pricing Metrics - 'Homes Closed' is expected to be 3,193, compared to 3,200 in the previous year [6] - The 'Average sales price of homes closed' is anticipated to be $585.11 thousand, down from $600.00 thousand year-over-year [6] - The consensus for 'Average Selling Price - Sales Order Backlog' stands at $668.86 thousand, slightly lower than the $671.00 thousand reported in the same quarter last year [7] Market Performance - Over the past month, shares of Taylor Morrison have returned +2.2%, while the Zacks S&P 500 composite has changed by +5.9% [7] - TMHC currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the overall market in the near future [7]