earnings
confidence high
sentiment negative
materiality 0.80
Tri Pointe Q2 net income $60.7M ($0.68 EPS); deliveries 1,326; repurchase program boosted $50M
Tri Pointe Homes, Inc.
2025-Q2 EPS
reported $1.38
vs consensus $0.69
▲ beat
(+100.9%)
- Net income $60.7M ($0.68 diluted EPS) vs $118M ($1.25) in Q2 2024; adjusted EPS $0.77 excluding $11M inventory charge.
- Home sales revenue $879.8M, down from $1.1B; deliveries 1,326 (vs 1,700); average price $664K (flat).
- Homebuilding gross margin 20.8% (22.1% adjusted) vs 23.6% prior; SG&A% 12.6% vs 11.0%.
- Net new home orders 1,131 (down 31.5%); backlog 1,520 units (down 43.5%); cancellation rate 13% (vs 9%).
- Board added $50M to repurchase program (total $300M); repurchased $100M in Q2; credit facility increased to $850M, extended to 2030.
item 2.02item 9.01