TRI Pointe reports Q2 adjusted EPS 77c, consensus 69c

Reports Q2 revenue $884.01M, consensus $809.3M. “Tri Pointe (TPH) Homes delivered another solid quarter, meeting our revenue and earnings guidance despite ongoing macroeconomic headwinds,” said CEO Doug Bauer. “In Q2, we closed 1,326 homes at an average sales price of $664K, generating $880M in home sales revenue. Our homebuilding gross margin of 22.1%*, adjusted to exclude the impact of an inventory-related charge, reflects continued pricing discipline, product strength, and cost control. These results highlight our team’s ability to execute in a complex market environment. While policy uncertainty and geopolitical tensions continue to impact buyer sentiment, the long-term outlook for housing remains constructive, supported by structural undersupply and favorable demographics. We are actively managing through near-term volatility with targeted incentives, balanced spec inventory, and disciplined land investments. Our strong balance sheet, with $1.4B in liquidity and a net homebuilding debt-to-net capital ratio of only 8.0%*, enables us to advance our growth initiatives without compromising our financial strength. With an experienced team, a scalable platform, and a differentiated brand, Tri Pointe is well-positioned to drive long-term growth and deliver lasting value to our stockholders.”