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-0.00062918822501731 -0.00154548175659566 -0.00582151823729548 -0.0029199220539635 0.0088391782679609 -0.0122355729583452 -0.00994483912939902 -0.00795953647764539
Stock impact report

Tri Pointe Homes (TPH) Stock Trades Down, Here Is Why [Yahoo! Finance]

Tri Pointe Homes, Inc. (TPH) 
Last tri pointe homes, inc. earnings: 4/23 04:05 pm Check Earnings Report
US:NYSE Investor Relations: tripointegroup.com/investors/overview
Company Research Source: Yahoo! Finance
In This Article TPH Tri Pointe Homes (TPH) Stock Trades Down, Here Is Why What Happened? Shares of homebuilder Tri Pointe Homes (NYSE:TPH) fell 8.8% in the afternoon session after the company reported weak fourth-quarter results: Backlog fell sharply, down 35% in units and 28% in dollar value, raising concerns about future growth. Management blamed "elevated mortgage rates" for the weakness. On the other hand, sales and EBITDA came in ahead of expectations during the quarter. Looking ahead, management remains optimistic about 2025, citing early signs of demand recovery. Overall, this was a mixed yet challenging quarter. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Tri Pointe Homes? Access our full analysis report here, it's free What The Market Is Telling Us Tri Pointe Homes's shares are not very volatile and have only had 3 moves greater than 5% over the last year. In that con Show less Read more
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