TRI Pointe Group (TPH) Rating Increased to Hold at Zacks Investment Research

TRI Pointe Group (NYSE:TPH) issued its quarterly earnings data on Thursday. The construction company reported $0.03 EPS for the quarter, topping the Thomson reuters’ consensus estimate of $0.02 by $0.01, reports. The business had revenue of $492.70 million for the quarter, compared to the consensus estimate of $467.11 million.

ValuEngine upgraded shares of TRI Pointe Group (NYSE:TPH) from a sell rating to a hold rating in a report released on Tuesday, ValuEngine reports. Several other equities analysts have also issued reports on the company. Wedbush restated an outperform rating and set a $11.00 price target on shares of TRI Pointe Group in a research [.]

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TRI Pointe Group, Inc. is a homebuilder company. The Company’s operations are organized in two principal businesses, including homebuilding and financial services. Its homebuilding operation consists of six segments: Maracay Homes, including operations in Arizona; Pardee Homes, consisting of.

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Wall Street brokerages expect TRI Pointe Group Inc (NYSE:TPH) to announce earnings per share (EPS) of $0.41 for the current quarter, Zacks reports. Three analysts have made estimates for TRI Pointe Group’s earnings, with estimates ranging from $0.37 to $0.44.

Find a variety of TRI Pointe Group statistics including live TPH stock quotes, market price charts, market cap, and everything you need to know to invest in TPH. Search for a market’s symbol or name (AAPL or Apple) or an investor’s name

This Zacks Rank #1 company has an average four-quarter earnings surprise of 19%. TRI Pointe Group, Inc. TPH. Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks.

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D.R. Horton (), Tri Pointe Group and M/I Homes reported better-than-expected earnings early Wednesday, following mixed results from rival Pulte Group on Tuesday.. Meanwhile, new-home sales rose 0.

Among 3 analysts covering tri pointe Group , 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. TRI Pointe Group had 9 analyst reports since October 11, 2018 according to SRatingsIntel. The stock of TRI Pointe Group, Inc. (NYSE:TPH) has “Buy” rating.

TRI Pointe Group posted sales [.] Equities analysts expect that TRI Pointe Group Inc (NYSE:TPH) will report $631.55 million in sales for the current quarter, Zacks reports. Four analysts have issued estimates for TRI Pointe Group’s earnings, with the lowest sales estimate coming in at $619.88 million and the highest estimate coming in at $652.00 million.

This Zacks Rank #1 company has an average four-quarter earnings surprise of 19%. TRI Pointe Group, Inc. TPH is engaged in construction. Want the latest recommendations from Zacks Investment.

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