Taylor Morrison Home Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Taylor Morrison Home (NYSE:TMHC) Full Year 2024 Results

Key Financial Results

• Revenue: US$8.17b (up 10% from FY 2023).
• Net income: US$883.3m (up 15% from FY 2023).
• Profit margin: 11% (in line with FY 2023).
• EPS: US$8.43 (up from US$7.09 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Taylor Morrison Home Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 1.1%.

Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the US.

Performance of the American Consumer Durables industry.

The company's share price is broadly unchanged from a week ago.

Valuation

Following the latest earnings results, Taylor Morrison Home may be undervalued based on 6 different valuation benchmarks we assess. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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