TRI Pointe Group, Inc. Reports 2018 Fourth Quarter and Full Year Results and Announces New Stock Repurchase Program
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Tri Pointe Homes, Inc. (TPH) Tops Q4 EPS by 5c
February 26, 2019 6:08 AM ESTTri Pointe Homes, Inc. (NYSE: TPH) reported Q4 EPS of $0.70, $0.05 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.11 billion.
Net income available to common stockholders was $99.4 million, or $0.70 per diluted share, compared to $74.0 million, or $0.49 per diluted share. In the fourth quarter of 2018, the Company recorded a charge relating to a $17.5 million settlement payment in connection with the settlement of a previously disclosed lawsuit involving a land sale that occurred in 1987 and transaction expenses of $686,000 related to the acquisition of a Dallas, Texas... More