The headline numbers for Taylor Morrison (TMHC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Taylor Morrison Home (TMHC) came out with quarterly earnings of $2.64 per share, beating the Zacks Consensus Estimate of $2.40 per share. This compares to earnings of $2.05 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Taylor Morrison (TMHC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
TMHC stock benefits from an improving housing market alongside its balanced to-be-built and spec home mix and focus on shareholder value.
Sheryl Palmer, Taylor Morrison chairman and CEO, joins 'Squawk Box' to discuss the state of the housing market, what to make of the Fed's interest rate decision and Fed Chair Powell's commentary, housing market outlook in 2025, and more.
Taylor Morrison Home Corporation remains a “buy” due to its attractive valuation and strong financial performance despite a slight backlog decline. Revenue surged 26.6% in Q3 2024, driven by a 28.6% increase in home closings, while net income nearly doubled. Net new orders rose 9.2% in Q3, and the cancellation rate dropped to 9.3%, indicating robust demand and improved market conditions.
Sheryl Palmer, Taylor Morrison CEO, joins 'Closing Bell Overtime' to talk the impact of tariffs on the home builders market, home buying trends, mortgage rates and more.
Sheryl Palmer, Taylor Morrison CEO, joins CNBC's 'Money Movers' to discuss trends in homebuilding, what demographics are responding well to lower mortgage rates, and more.
Taylor Morrison Home Corporation (NYSE:TMHC ) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET Company Participants Mackenzie Aron – Vice President-Investor Relations Sheryl Palmer – Chairman and Chief Executive Officer Erik Heuser – Chief Corporate Operations Officer Curt VanHyfte – Chief Financial Officer Conference Call Participants Michael Rehaut – JPMorgan Trevor Allinson – Wolfe Research Matthew Bouley – Barclays Mike Dahl – RBC Alan Ratner – Zelman & Associates Carl Reichardt – BTIG Buck Horne – Raymond James Ken Zenner – Seaport Research Partners Alex Barron – Housing Research Center Operator Good morning, and welcome to the Taylor Morrison Third Quarter 2024 Earnings Conference Call. Currently, all participants are in listen-only mode.
While the top- and bottom-line numbers for Taylor Morrison (TMHC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Taylor Morrison Home (TMHC) came out with quarterly earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $1.62 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Taylor Morrison (TMHC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.