Tri Pointe Earnings Reports

Tri Pointe Homes reported Q4 2024 revenue of $1.22 billion, a 2% YoY decline. Net income decreased by 3% to $129.2 million, while diluted EPS remained steady at $1.37. The company maintained a solid homebuilding gross margin of 23.3% and ended the quarter with $970 million in cash.

Tri Pointe Homes reported a strong third quarter in 2024, marked by a 32% increase in home deliveries, a 2% rise in average sales price, and a 35% growth in home sales revenue. The company expanded gross margins by 100 basis points and achieved diluted earnings per share of $1.18, representing a 55% increase compared to the previous year.

Tri Pointe Homes reported strong Q2 2024 results, with home sales revenue of $1.1 billion, a 38% increase year-over-year. Net income increased by 94% to $118 million, and diluted earnings per share increased by 108% to $1.25. The company also reduced debt by $450 million and lowered its homebuilding debt-to-capital ratio to a record low of 22.9%.

Tri Pointe Homes reported a strong first quarter in 2024, with home sales revenue increasing by 20% to $918 million and net new home orders up by 12%. Net income reached $99 million, with diluted earnings per share of $1.03, a 41% year-over-year improvement.

Tri Pointe Homes reported a successful fourth quarter with home sales revenue of $1.2 billion, a homebuilding gross margin percentage of 22.9%, and diluted earnings per share of $1.36. Net new home orders increased by 143%, and backlog units increased by 58%. The company ended the year with 155 active selling communities, a 14% increase over the prior year.

Tri Pointe Homes reported a strong operational performance in the third quarter, with home sales revenue of $825 million and net income available to common stockholders of $75.4 million, or $0.76 per diluted share. Net new home orders increased 122% year-over-year to 1,513, and active selling communities increased 23% year-over-year to 163.

Tri Pointe Homes reported strong Q2 2023 results with home sales revenue of $819 million and net income of $61 million, or $0.60 per diluted share. The company saw a 41% increase in net new home orders and an 18% increase sequentially from Q1 2023, driven by limited housing supply and demographic factors.

Tri Pointe Homes announced strong Q1 2023 results, with home sales revenue reaching $768 million and net income available to common stockholders at $75 million, resulting in diluted earnings per share of $0.73. The company saw a boost in net new home orders and reduced cancellation rates due to product repositioning and targeted pricing strategies. With a solid balance sheet and high liquidity, Tri Pointe Homes is well-positioned for future growth.

Tri Pointe Homes announced strong Q4 2022 results, with record quarterly home sales revenue of $1.5 billion and diluted earnings per share of $1.98. The company also announced a new stock repurchase program authorizing up to $250 million of common stock repurchase through December 31, 2023.

Tri Pointe Homes reported a strong third quarter in 2022, with a net income available to common stockholders of $149 million, or $1.45 in diluted earnings per share. The company's performance was driven by improvements in home sales revenue, homebuilding gross margin, and SG&A leverage. Despite a weakening housing market, Tri Pointe Homes is focused on closing homes in backlog, generating cash, and maintaining price competitiveness.

Tri Pointe Homes announced strong second quarter results for 2022, with home sales revenue surpassing $1 billion and a record home sales gross margin percentage of 27.2%. The company generated 1,356 net new home orders and ended the quarter with total liquidity of $938 million.

Tri Pointe Homes reported strong first-quarter results for 2022, with diluted earnings per share of $0.81. The company's home sales revenue increased by 1% to $725.3 million, and the homebuilding gross margin percentage rose to 26.8%. The dollar value of the backlog also increased by 19% year-over-year, positioning the company well for the full year.

Tri Pointe Homes reported a strong Q4 2021, with diluted earnings per share up 45% year-over-year. The company's backlog dollar value increased by 17% year-over-year, and the Board of Directors authorized an additional $250 million for stock repurchases.

Tri Pointe Homes reported a strong third quarter in 2021, with a significant year-over-year increase in profitability driven by strong revenue growth and margin expansion. Net income was $133.2 million, or $1.17 per diluted share, representing year-over-year growth of 69% and 92%, respectively. Homebuilding gross margin was 26.3% for the quarter, a record for the company.

Tri Pointe Homes announced strong Q2 2021 results, with a significant increase in earnings per share, home sales revenue, and backlog value. The company's homebuilding gross margin also improved, driven by effective execution and price management amidst supply chain challenges. An increase to the stock repurchase program by $250 million was also announced.

Tri Pointe Homes implemented a new segment reporting structure during the quarter ended March 31, 2021, and this report provides a recast of historical segment information.

Tri Pointe Homes reported a strong fourth quarter of 2020, with a 14% year-over-year increase in net new home orders, a 130 basis point expansion in homebuilding gross margin to 23.2%, and a 69% increase in unit backlog compared to the previous year. The company's total liquidity stood at $1.2 billion, including $621 million in cash.

TRI Pointe Group reported a strong third quarter in 2020, with a 50% year-over-year increase in net new home orders and a net income of $78.7 million, or $0.61 earnings per share. The company benefited from low interest rates and limited inventory.

TRI Pointe Group reported a strong second quarter with a significant rebound from the initial impact of the COVID-19 pandemic. Net income increased by 115% year-over-year, driven by double-digit revenue growth and significant margin expansion. The company saw improving order trends throughout the quarter, culminating in a 28% year-over-year increase in net new home orders in June.

TRI Pointe Group reported strong first quarter results, with a focus on employee and customer well-being amidst the COVID-19 outbreak. The company saw a 26% year-over-year increase in new home orders and a 31% increase in backlog dollar value. Despite the uncertain economic environment, TRI Pointe remains optimistic about the long-term outlook for the housing industry.

TRI Pointe Group reported positive results for the fourth quarter of 2019, with a 52% year-over-year increase in new home orders and diluted earnings per share of $0.85. Home sales revenue reached $1.1 billion, and the company's Board of Directors approved a new stock repurchase program.