Taylor Morrison: Q2 Earnings Snapshot
SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Taylor Morrison Home Corp. (TMHC) on Wednesday reported second-quarter net income of $234.6 million.
The Scottsdale, Arizona-based company said it had profit of $2.12 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.
The home builder posted revenue of $2.06 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $1.69 billion.
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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