TMHC Earnings Prediction
The chart below shows how TMHC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TMHC sees a -1.50% change in stock price 10 days leading up to the earnings, and a +1.75% change 10 days following the report. On the earnings day itself, the stock moves by -0.19%. This data can give you a slight idea of what to expect for the next quarter's release.
TMHC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.36B
16.67%
11.11%
Gross Margin
24.05%
-1.27%
-3.95%
Operating Margin
14.13%
27.99%
-10.63%
Net Margin
10.36%
20.89%
-12.65%
EPS
2.30
45.57%
-2.95%
No Data Available
TMHC Earnings Analysis
Taylor Morrison Home Corp Corporation (TMHC.N) Earnings Conference Call
Positive
Home Sales Performance: Delivered 3,571 homes at an average price of $608,000, generating nearly $2.2 billion in revenue with an adjusted home closings gross margin of 24.9%.
Earnings and Book Value Growth: Achieved nearly 30% year-over-year growth in adjusted earnings per diluted share, reaching $2.64, and a 14% increase in book value per share to $56.
Net Orders Growth: Fourth quarter net orders increased 11% year-over-year, with an absorption pace of 2.6 per community, up from 2.4 a year ago, leading to an annualized absorption pace of 3 for the year.
Financial Services Revenue Increase: Financial services revenue rose to $54 million with a gross margin of 48%, up from $43 million and 46% a year ago, reflecting a capture rate of 89%.
Share Repurchase Activity: Repurchased 1.4 million shares for $90 million in the fourth quarter, totaling $348 million for the year, with a remaining repurchase authorization of $910 million.
Negative
Speculative Sales Reliance: 54% of the quarter's closings came from specs, including 21% that were sold and closed during the quarter, indicating a reliance on speculative sales which may not be sustainable in a fluctuating market.
Resort Segment Sales Decline: Resort lifestyle segment sales declined 9% year over year, attributed to hurricane impacts in Florida and timing of community openings, suggesting vulnerability in this segment.
Home Price Stability: The average closing price of homes remained flat year over year at $608,000, indicating potential pricing pressure and lack of growth in home values despite increased demand.
Land Cost Inflation Impact: Land cost inflation is projected to rise to approximately 7% this year from 4% in 2024, which could further squeeze margins and profitability.
Legal Reserve Impact: The company reported a legal reserve set up for $17 million related to a court case, contributing to a significant negative impact on other income, reflecting ongoing legal challenges.
TMHC FAQs
How does TMHC typically perform around its earnings report dates?
Is Taylor Morrison Home Corp (TMHC) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
TMHC Earning Call Sentiment
Earnings call transcript: Taylor Morrison Home beats Q4 2024 forecasts
TMHC.N
-1.92%Positive
The earnings call presents mixed signals. Financial performance shows strong revenue and EPS growth, but guidance indicates margin pressures due to rising costs and tariffs. The shareholder return plan is positive with significant share repurchases. However, concerns about economic factors, land cost inflation, and unclear management responses in the Q&A section balance out the positive aspects. Overall, the sentiment is neutral, reflecting both growth potential and existing challenges.
