Taylor Morrison Expects Q4 Home Closings To Be Approximately 3,400, Home Closings Gross Margin To Be Around 24.5%

Benzinga
2024-10-23

Business Outlook

Fourth Quarter 2024

  • Home closings are expected to be approximately 3,400
  • Average closing price is expected to be approximately $610,000
  • Home closings gross margin is expected to be around 24.5%
  • Ending active community count is expected to be between 330 to 340
  • Effective tax rate is expected to be approximately 25%
  • Diluted share count is expected to be approximately 106 million

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