Tri Pointe Homes Sees Q2 Deliveries 1,500-1,600 Homes At Avg. Sales Price $670K-$680K
Portfolio Pulse from Benzinga Newsdesk
Tri Pointe Homes forecasts Q2 deliveries to be between 1,500 and 1,600 homes, with an average sales price ranging from $670,000 to $680,000.
April 25, 2024 | 10:04 am
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Tri Pointe Homes expects to deliver between 1,500 and 1,600 homes in Q2, with prices averaging between $670,000 and $680,000.
The forecasted increase in home deliveries and the high average sales price indicate a strong demand for Tri Pointe Homes' properties, which is likely to have a positive impact on the company's revenue and profitability in the short term. This positive outlook could lead to an increase in investor confidence and potentially drive up the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100