earnings
confidence high
sentiment neutral
materiality 0.65
Tri Pointe Homes Q4 2024: EPS $1.37, Home Sales Revenue $1.2B, Orders Down 13% YoY
Tri Pointe Homes, Inc.
2024-FY EPS reported
$4.83
revenue$4,492,870,000
- Net income $129.2M ($1.37 diluted EPS) vs $132.8M ($1.36) prior year; full year EPS $4.83, up 40% YoY.
- Home sales revenue $1.2B (-2%); new home deliveries 1,748 (-4%); average price $699K (+2%).
- Homebuilding gross margin 23.3% (up 40 bps); adjusted gross margin 26.8%; SG&A as % revenue 10.3% (up 100 bps).
- Net new home orders 940 (-13%); active communities 146.8 (-8%); backlog units 1,517 (-35%).
- Ended Q4 with $1.7B liquidity; announced $250M new stock repurchase program; repurchased $50M shares in Q4.