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Stock impact report

Taylor Morrison Reports Third Quarter 2024 Results [Yahoo! Finance]

Taylor Morrison Home Corporation (TMHC) 
Last taylor morrison home corporation earnings: 2/5 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.taylormorrison.com
Company Research Source: Yahoo! Finance
Oct. 23, 2024 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE: TMHC), a leading national land developer and homebuilder, announced results for the third quarter ended September 30, 2024 . Reported third quarter net income was $251 million , or per diluted share, as compared to $171 million , or per diluted share, in the prior-year quarter. Third quarter 2024 highlights included the following, as compared to the third quarter of 2023: Diluted EPS increased 54% to Net sales orders increased 9% to 2,830 Home closings revenue of $2.0 billion , driven by 3,394 closings at an average price of Home closings gross margin of 24.8%, up from 23.1% a year ago 83,579 homebuilding lots owned and controlled, of which a record 58% was controlled off balance sheet Share repurchases totaled $61 million during the quarter and $258 million year to date Total liquidity of $1.2 billion ; no senior debt maturities until 2027 "In the third quarter, our team delivered better-than-expe Show less Read more
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