Taylor Morrison Home Q2 2024 Adj EPS $1.97 Beats $1.90 Estimate, Sales $1.991B Beat $1.839B Estimate
Portfolio Pulse from Benzinga Newsdesk
Taylor Morrison Home (NYSE:TMHC) reported Q2 2024 adjusted EPS of $1.97, beating the $1.90 estimate. Sales were $1.991 billion, surpassing the $1.839 billion estimate. Despite beating estimates, both EPS and sales were down compared to the same period last year.
July 24, 2024 | 10:16 am
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Taylor Morrison Home reported Q2 2024 adjusted EPS of $1.97, beating the $1.90 estimate. Sales were $1.991 billion, surpassing the $1.839 billion estimate. Despite beating estimates, both EPS and sales were down compared to the same period last year.
The company beat both EPS and sales estimates, which is generally positive for the stock. However, the year-over-year decline in both metrics may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100