What is the market's earnings forecast for Taylor Morrison Home next quarter?

What were the key takeaways from Taylor Morrison Home's earnings call?

What is the revenue and EPS growth rate for Taylor Morrison Home year over year?

What is Taylor Morrison Home's gross profit margin?

What factors drove the changes in Taylor Morrison Home's revenue and profit?

What is Taylor Morrison Home's latest dividend and current dividend yield?

What does Taylor Morrison Home do and what are its main business segments?

Did Taylor Morrison Home beat or miss consensus estimates last quarter?

- **Revenue Growth**: 15% YoY driven by North American recovery.
- **AI Strategy**: Gross margin rebound expected in H2.
- **Financial Strength**: Non-GAAP EPS beats with 5% cost savings.
- **Market Resilience**: Sequential demand improvement across consumer groups.
- **Inventory Control**: 61% spec closings, disciplined pace to sales.
- **Tariff Mitigation**: 5-6% cost relief through operational efficiency.

**【CEO Summary Section】**
- Revenue grew 15% YoY, driven by North American market recovery.
- Emphasized continued AI investment and expected gross margin improvement in H2.

**【CFO Financial Commentary】**
- GAAP net income: $420 million; Non-GAAP EPS: $1.08 (exceeds expectations).
- 5% YoY decline in operating expenses due to cost control.

**【Q&A Key Highlights】**
- **Demand Trends**: Sequential improvement in September, broad-based across consumer segments.
- **Inventory Management**: Pacing specs to sales, 61% spec closings vs. 39% to-be-built.
- **Regional Performance**: Florida stabilization, Texas resilience, California core market strength.
- **Land Negotiations**: 8% price reductions, 6-month deferrals on $500M+ deals.
- **Incentives**: 45% financial services, 55% price adjustments, ASP-driven.
- **Cycle Times**: Pre-COVID levels, 74% backlog conversion in Q3.
- **Tariffs**: 5-6% cost relief, operational cost reduction strategies in place.

Taylor Morrison Home Corporation (TMHC) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

TMHC

TMHC fundamentals

You can ask Aime