earnings
confidence high
sentiment positive
materiality 0.85
Tri Pointe Homes Q3 net income $133.2M ($1.17 EPS); revenue up 25%, gross margin record 26.3%
Tri Pointe Homes, Inc.
2021-Q3 EPS reported
$2.75
revenue$2,772,223,000
- Diluted EPS $1.17 (vs $0.61 YoY); net income $133.2M (+69%).
- Home sales revenue $1.0B (+25%); deliveries up 25% to 1,632 homes.
- Homebuilding gross margin 26.3% (+420 bps); adjusted margin 28.8%.
- Net new home orders 1,349 (-30% YoY) due to fewer selling communities; backlog units +14%.
- Repurchased 2.97M shares for $65.2M in Q3; total liquidity $1.2B.