secwatch.observer — SEC 8-K summary
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Issuer:     Tri Pointe Homes, Inc. (TPH)
CIK:        0001561680
Form:       8-K
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0001561680-22-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tri Pointe Homes Q1 EPS $0.81, homebuilding gross margin 26.8% (up 290 bps YoY), backlog dollar value +19%
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- Net income $88.5M ($0.81 diluted EPS) vs $70.8M ($0.59) in Q1 2021.
- Home sales revenue $725.3M (+1% YoY) on 1,099 deliveries (down 2%); average price $660K (+4%).
- Homebuilding gross margin 26.8% (up 290 bps); adjusted gross margin 29.3% (excluding interest and impairments).
- Net new home orders 1,896 (down 5%); backlog units 3,955 (+3%) with $2.9B value (+19%).
- Repurchased 5.3M shares for $123.1M at weighted avg price $23.25 in Q1 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1561680/000156168022000054/0001561680-22-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1561680/000156168022000054/tph-20220420.htm
  HTML page:      https://secwatch.observer/filing/0001561680-22-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer