Tri Pointe Homes Earnings: Here’s Why Investors are Ambivalent Now

Tri Pointe Homes Inc (NYSE:TPH) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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Tri Pointe Homes Inc Earnings Cheat Sheet


Revenue: Decreased 0% to $23.9 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: reported adjusted EPS income of $0.01 per share. By that measure, the company beat the mean analyst estimate of $-0.02. It beat the average revenue estimate of $20.73 million.

Quoting Management: Douglas F. Bauer, Chief Executive Officer stated, “We are just beginning to capitalize on the benefits of the growth in our homebuilding activities as a result of our strategic land acquisitions and the introduction of new communities. We expect that our first quarter results, highlighted by strong new home orders resulting in a record high backlog for the Company, will position us to achieve significant growth in home sales revenue and homebuilding gross margin dollars for the balance of 2013. Our strong performance is a direct result of the operational execution of our strategy and taking advantage of improving market conditions in all of our core markets.”

Key Stats (on next page)…

Revenue decreased 0% from $0 in the previous quarter. EPS decreased 96.67% from $0.30 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0 to a profit $0.06. For the current year, the average estimate has moved up from a loss of $0 to a profit of $0.26 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]