earnings
confidence high
sentiment neutral
materiality 0.80
Tri Pointe Homes Q4 EPS $1.98 beats; orders down 69%; announces $250M buyback
Tri Pointe Homes, Inc.
2022-FY EPS reported
$5.54
revenue$4,348,533,000
- Q4 diluted EPS $1.98 (up 49% YoY); home sales revenue $1.5B (+25%).
- Net new home orders 444, down 69% YoY; cancellation rate 42% vs 9%.
- Full year 2022: home sales revenue $4.3B (+9%), diluted EPS $5.54 (+35%).
- Board approved $250M stock repurchase program through Dec 31, 2023.
- January 2023 net orders 421 (3.1/community); February to date ~4.0/community.