TRI Pointe Group (TPH) Tops Q4 EPS by 15c, Revenues Beat

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TRI Pointe Group, Inc. Reports 2019 Fourth Quarter and Full Year Results and Announces New Stock Repurchase Program

February 18, 2020 4:05 PM EST

Fourth Quarter Highlights

-New Home Orders up 52% Year-Over-Year--Homebuilding Gross Margin Percentage of 21.9%--Diluted Earnings Per Share of $0.85-

IRVINE, Calif., Feb. 18, 2020 (GLOBE NEWSWIRE) -- TRI Pointe Group, Inc. (the Company) (NYSE: TPH) today announced results for the fourth quarter ended December 31, 2019 and full year 2019.  The Company also announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $200 million of common stock through March 31, 2021 (the Repurchase Program).

Results and Operational... More