TRI Pointe Lowers 2015 Guidance

TRI Pointe Lowers 2015 Guidance

TRI Pointe Homes released mixed 4Q 2014 earnings on Monday. The company reported earnings of 28 cents per share, which was 2 cents higher than analyst expectations. However, the $635M in revenue reported fell short of analyst expectations of $659.7M. Most tellingly, the company lowered its full year 2015 earnings outlook citing weaker margins in its backlog and uncertainty in the Houston submarket due to lower oil prices.

Read More

Previous City Ventures Assembling 8.76 Acres in Glendora
Next 1,100 New Homes to Open at Tustin Legacy

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Homebuilders / Land Developers
Homebuilders / Land Developers 0 Comments

Industry Veteran Tom Grable Promoted to Division President

Long-time homebuilding industry veteran Tom Grable is promoted to Southern California Division President of TRI Pointe Homes. With TRI Pointe’s merger with Weyerhauser’s homebuilding operations earlier this year, Tom takes