TRI Pointe Group, Inc. (NYSE:TPH) is expected to report second quarter earnings results, before market open, on Friday 24th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.31 per share.
Looking ahead, the full year income are expected at $ 1.38 per share on the revenues of $ 2950.13 million.
Previous Quarter Performance
TRI Pointe Group, Inc. disclosed income for the first quarter of $ 0.24 per share, from the revenue of $ 595.46 million. The quarterly earnings down 21.85 percent while revenues gained 27.58 percent compared with the same quarter last year.
Street analysts expected TRI Pointe Group, Inc. to report income of $ 0.16 per share on revenue of $ 568.96 million for the first quarter. The bottom line results beat street analysts by $ 0.08 or 50.00 percent, at the same time, top line results outshined analysts by $ 26.50 million or 4.66 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of TPH was $ 17.05, representing a 189.47 % increase from the 52 week low of $ 5.89 and a 8.48 % decrease over the 52 week high of $ 18.63.
The company has a market capital of $ 2.22 billion and is part of the Consumer Cyclical sector and Residential Construction industry.
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Recent Analyst recommendations
On 2nd June 2020, maintained by Wedbush at Neutral rating, with $ 15.00 target price.
Conference Call
TRI Pointe Group, Inc. will be hosting a conference call at 10:00 AM eastern time on 24th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tripointegroup.com
TRI Pointe Group, Inc. engages in the design, construction, and sale of single-family detached and attached homes in the United States. It operates a portfolio of 6 brands across 10 states, including Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and Colorado; and Winchester Homes in Maryland and Virginia.
