Tri Pointe Homes Expects Q3 Deliveries Of 1,000-1,100 Homes At Average Price Of $690,000-$700,000; For FY23 It Expects To Deliver 5,000-5,300 Homes Compared To 4,500-5,000 Expected Earlier
Portfolio Pulse from Benzinga Newsdesk
Tri Pointe Homes (TPH) has updated its Q3 delivery expectations to 1,000-1,100 homes at an average price of $690,000-$700,000. For FY23, the company now expects to deliver 5,000-5,300 homes, an increase from the previously expected 4,500-5,000 homes.
July 27, 2023 | 10:10 am
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Tri Pointe Homes has increased its Q3 and FY23 delivery expectations, which could indicate strong demand and potential revenue growth.
The increase in delivery expectations for both Q3 and FY23 suggests that Tri Pointe Homes is experiencing strong demand for its homes. This could lead to increased revenues and potentially a higher stock price in the short term.
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