Latest News by Industry
SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Taylor Morrison Home Corp. (TMHC) on Tuesday reported first-quarter earnings of $190.3 million.
The Scottsdale, Arizona-based company said it had profit of $1.75 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.
The home builder posted revenue of $1.7 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.68 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TMHC at https://www.zacks.com/ap/TMHC