TRI Pointe Group, Inc. Reports 2019 Second Quarter Results

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TRI Pointe Group (TPH) Tops Q2 EPS by 3c, Revenues Beat

July 25, 2019 6:06 AM EDT

TRI Pointe Group (NYSE: TPH) reported Q2 EPS of $0.18, $0.03 better than the analyst estimate of $0.15. Revenue for the quarter came in at $697.96 million versus the consensus estimate of $634.25 million.

TRI Pointe Group posted solid results for the second quarter of 2019, generating net income of $26.3 million or $0.18 per diluted share, said TRI Pointe Group Chief Executive Officer Doug Bauer. Our team members did an excellent job executing this quarter, as we met or exceeded our stated guidance for deliveries and margins for the quarter and grew our average community count by 12% year-over-year. Our orders for the... More