Taylor Morrison (TMHC) Reports Q4 Earnings: What Key Metrics Have to Say

Zacks
12 Feb

For the quarter ended December 2024, Taylor Morrison Home (TMHC) reported revenue of $2.36 billion, up 16.7% over the same period last year. EPS came in at $2.64, compared to $2.05 in the year-ago quarter.

The reported revenue represents a surprise of +10.53% over the Zacks Consensus Estimate of $2.13 billion. With the consensus EPS estimate being $2.40, the EPS surprise was +10.00%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Taylor Morrison performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net sales orders: 2,621 compared to the 2,565 average estimate based on three analysts.
  • Homes Closed: 3,571 versus 3,402 estimated by three analysts on average.
  • Backlog units at end of period: 4,742 versus the three-analyst average estimate of 4,821.
  • Average sales price of homes closed: $608 thousand versus $610.25 thousand estimated by three analysts on average.
  • Average Selling Price - Sales Order Backlog: $673 thousand compared to the $675.16 thousand average estimate based on two analysts.
  • Ending Active Selling Communities: 339 versus 338 estimated by two analysts on average.
  • Revenue- Home closings: $2.17 billion versus $2.07 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +12% change.
  • Revenue- Financial services revenue: $53.93 million versus the four-analyst average estimate of $47.09 million. The reported number represents a year-over-year change of +24.8%.
  • Revenue- Land closings: $33.14 million versus the two-analyst average estimate of $15 million. The reported number represents a year-over-year change of +12.2%.
  • Revenue- Amenity and other revenue: $99.72 million versus the two-analyst average estimate of $9 million. The reported number represents a year-over-year change of +950%.
View all Key Company Metrics for Taylor Morrison here>>>

Shares of Taylor Morrison have returned -1.5% over the past month versus the Zacks S&P 500 composite's +4.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Taylor Morrison Home Corporation (TMHC) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10