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Zacks: Analysts Anticipate TRI Pointe Group Inc (TPH) Will Post Earnings of $0.15 Per Share

TRI Pointe Group Inc (NYSE:TPH) issued its quarterly earnings data on Thursday, July, 25th. The construction company reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.04. The construction company earned $692.10 million during the quarter, compared to analysts’ expectations of $635.33 million.

Zacks: Analysts Anticipate TRI Pointe Group Inc (TPH) Will Post Earnings of $0.15 Per Share; Hilda Payes Loan Officer |NMLS # 296938 Signature Home Lending – Bakersfield Golden Empire Mortgage, Inc. Mortgage Professional Reviews

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Zacks Consensus Estimate. This home builder is expected to post quarterly earnings of $0.15 per share in its upcoming report, which represents a year-over-year change of -64.3%.

TheStreet downgraded shares of TRI Pointe Group (NYSE:TPH) from a b- rating to a c+ rating in a research note issued to investors on Monday, TheStreetRatingsTable reports. A number of other research firms have also issued reports on TPH. Zacks Investment Research lowered Green Plains from a hold rating to a strong sell rating in [.]

Wall street analysts expect tri pointe group Inc (NYSE:TPH) to post $0.15 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for TRI Pointe Group’s earnings, with estimates ranging from $0.14 to $0.15.

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Artis Real Estate Investment Trust Unit (TSE:AX.UN) has been assigned an average rating of "Buy" from the eight analysts that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

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TRI Pointe Group Inc (NYSE:TPH) has been assigned a consensus recommendation of "Hold" from the thirteen brokerages that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating on the company.

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Analysts forecast that TRI Pointe Group Inc (NYSE:TPH) will post $0.14 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for TRI Pointe Group’s earnings, with the lowest EPS estimate coming in at $0.14 and the highest estimate coming in at $0.15.