earnings
confidence high
sentiment positive
materiality 0.75
Tri Pointe Homes Q4 EPS $1.33, up 45% YoY; board adds $250M to buyback
Tri Pointe Homes, Inc.
2021-FY EPS reported
$4.12
revenue$3,982,235,000
- Net income $147.4M, diluted EPS $1.33 vs $0.92 YoY; revenue $1.2B, up 15%.
- Homebuilding gross margin 24.4% (+120bps); SG&A as % of revenue 8.5% (-140bps).
- Backlog $2.2B (+17%); net new home orders 1,424, up 1%; ROE 20.3%.
- Board authorized $250M increase to stock repurchase program, total now $750M.
- Repurchased 2.76M shares at avg $22.64 in Q4; total liquidity $1.3B.