secwatch.observer — SEC 8-K summary
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Issuer:     Taylor Morrison Home Corp (TMHC)
CIK:        0001562476
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001193125-22-202582
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Taylor Morrison reports record Q2 EPS $2.45; raises FY gross margin view but cuts home closing volume forecast
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- Net income $291M ($2.45 diluted EPS) vs $124M ($0.95) YoY; adjusted EPS $2.27, up 139%.
- Home closings revenue $1.9B (+15%); gross margin 26.6% (company high, +750 bps).
- Net sales orders 2,554 (-25% YoY); cancellation rate 10.8%, up from 5.2% a year ago.
- FY2022 home closings now ~13,500 (down); gross margin raised to 25-26%.
- Repurchased 6.8M shares for $172M at avg $25.43; liquidity over $1.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562476/000119312522202582/0001193125-22-202582-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562476/000119312522202582/d352569d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-202582

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