Tri Pointe Homes, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 25, 2024 at 11:00 am
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Tri Pointe Homes, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 926.21 million compared to USD 770.79 million a year ago. Net income was USD 99.06 million compared to USD 74.74 million a year ago.
Basic earnings per share from continuing operations was USD 1.04 compared to USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 1.03 compared to USD 0.73 a year ago.
Tri Pointe Homes, Inc. operates as a homebuilder, which is engaged in the design, construction, and sale of single-family attached and detached homes. It offers its services across ten states, including Arizona, California, Colorado, Maryland, Nevada, North Carolina, South Carolina, Texas, Virginia and Washington, and the District of Columbia. The Company operates through two businesses: homebuilding and financial services. Its three homebuilding segments include West Region, which includes Arizona, California, Nevada, and Washington; Central Region, which includes Colorado and Texas, and East Region, which includes the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia. Its Tri Pointe Solutions financial services operation comprises its Tri Pointe Connect mortgage financing operations, its Tri Pointe Assurance title and escrow services operations, and its Tri Pointe Advantage property and casualty insurance agency operations.
TRI POINTE HOMES, INC. 
