NYSE:TMHCConsumer Durables
Did a Sharp Backlog Decline Just Shift Taylor Morrison Home's (TMHC) Outlook for Revenue Stability?
In the past week, Taylor Morrison Home reported that its order backlog declined 12.7% year-on-year over the past two years, with Wall Street analysts forecasting an 8.2% drop in revenue over the next 12 months as signs of weak demand emerge.
This persistent backlog decline highlights potential market saturation and raises concerns about the company's ability to sustain future earnings growth in a challenging housing market.
We'll now explore how this sharp decrease in Taylor Morrison's...