Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- 1,393 homes delivered in Q1 at an average price of $659,000. - Home sales revenue of $918 million, 20% increase year-over-year. - Net income of $99 million, diluted earnings per share $1.03, 41% improvement. - Strong demand in housing market, positive outlook for TPH in 2024. - Increase in full-year guidance for deliveries, ASP, and gross margin percentage. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Earnings
- 1,393 homes delivered in Q1 at an average price of $659,000.
- Home sales revenue of $918 million, 20% increase year-over-year.
- Net income of $99 million, diluted earnings per share $1.03, 41% improvement.
- Strong demand in housing market, positive outlook for TPH in 2024.
- Increase in full-year guidance for deliveries, ASP, and gross margin percentage.
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