secwatch.observer — SEC 8-K summary
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Issuer:     Tri Pointe Homes, Inc. (TPH)
CIK:        0001561680
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001561680-22-000097
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tri Pointe Homes Q3 EPS $1.45 (up 24% YoY); orders drop 50% amid rising rates
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- Diluted EPS $1.45, up 24% YoY; home sales revenue $1.1B, up 3% YoY.
- Homebuilding gross margin 27.1% (up 80 bps); adjusted gross margin 29.9%.
- Net new home orders 681, down 50% YoY; cancellation rate 27% vs 9%.
- Backlog value $2.4B flat YoY; average backlog price up 19% to $797K.
- Repurchased 948,911 shares for $16.8M; total liquidity $914.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1561680/000156168022000097/0001561680-22-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1561680/000156168022000097/tph-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001561680-22-000097

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