Wall Street analysts predict that tri pointe group Inc (NYSE:TPH) will post sales of $631.55 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for TRI Pointe Group’s earnings, with the highest sales estimate coming in at $652.00 million and the lowest estimate coming in at $619.88 million.

Wall Street analysts expect that TRI Pointe Group Inc (NYSE:TPH) will announce earnings of $0.41 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for TRI Pointe Group’s earnings.

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In order to determine if the stock is worthy of your patience, you should know that TRI Pointe Group, Inc. (NYSE:TPH) is now trading at 7.94X the earnings per share recorded over the past 12 months. This is a downtrend compared to the readings of the sector which is 18.74X while the industry average stands at 12.33X.

IRVINE, Calif., July 25, 2019 (GLOBE NEWSWIRE) — TRI Pointe Group, Inc. (the "Company") (NYSE:TPH) today announced results for the second quarter ended June 30, 2019.

"I am pleased to announce that 2017 is off to a strong start," said TRI pointe group chief Executive Officer Doug Bauer. "Orders grew 13% in the first quarter on a year-over-year basis thanks to a 10% increase in average selling community count and a strong absorption rate of 3.5 orders per community per month.

Equities analysts expect that TRI Pointe Group Inc (NYSE:TPH) will post $736.94 million in sales for the current quarter, according to Zacks. Three analysts have made estimates for TRI Pointe Group’s earnings, with the lowest sales estimate coming in at $650.50 million and the highest estimate coming in at $820.33 million.

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$736.94 Million in Sales Expected for TRI Pointe Group Inc (NYSE:TPH) This Quarter www.americanbankingnews.com – September 6 at 3:50 AM TRI Pointe Group Inc (NYSE:TPH) Expected to Announce Earnings of $0.41 Per Share

TRI Pointe Group, Inc. (TPH) latest earnings report: revenue, EPS, surprise, history, news and analysis. Marketplace Seeking Alpha SUBSCRIBE Sign in Seeking Alpha

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According to Zacks, analysts expect that TRI Pointe Group will report full year earnings of $1.27 per share for the current year, with EPS estimates ranging from $1.25 to $1.31.