Taylor Morrison Expects Q4 Home Closings To Be Approximately 3,400, Home Closings Gross Margin To Be Around 24.5%
Portfolio Pulse from Benzinga Newsdesk
Taylor Morrison projects Q4 2024 home closings at 3,400 with an average price of $610,000 and a gross margin of 24.5%. The active community count is expected to be 330-340, with a tax rate of 25% and a diluted share count of 106 million.
October 23, 2024 | 10:36 am
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Taylor Morrison forecasts Q4 2024 home closings at 3,400 with a gross margin of 24.5%. This indicates stable revenue expectations and operational efficiency.
The forecasted home closings and gross margin suggest a stable revenue stream and efficient operations for Taylor Morrison. The expected figures align with positive business performance, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100