Tri Pointe Homes ($TPH) Q3 2024 Earnings Preview

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Mark your calendars for Thursday 24th October 2024, as Tri Pointe Homes (NYSE: TPH) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.

Financial analysts on Wall Street are anticipating that the business will announce an estimated $1.06 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $1.05 billion for this period.

In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.76. This significant amount was attributed to the company's remarkable total revenue of $825.3 million generated during that specific period.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $4.38 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $4.75 during the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.25 +108.3% 1.14 B +37.6%
Q1 2024 $1.03 +41.1% 926.21 M +20.2%
Q4 2023 $1.36 -31.3% 1.24 B -17.4%
Q3 2023 $0.76 -47.6% 825.30 M -21.9%
Q2 2023 $0.60 -54.9% 826.96 M -17.7%
*Growth on year-over-year basis

 

TPH will host a conference call with investment community on 24th October 2024 at 10:00 AM eastern time to discuss the financial results.

Tri Pointe Homes (TPH) shares experienced a range of $42.55 to $43.87 on a day volume of 446.50 thousand shares. The stock closed Tuesday's regular trading session at $42.67, showing a 3.59 percent decrease.