Taylor Morrison Reports First Quarter Sales Pace of 2.8 and Earnings per Share of $0.41

Taylor Morrison Home Corporation (NYSE: TMHC) today reported first quarter total revenue of $752 million and home closings gross margin, inclusive of capitalized interest, of 18.8 percent leading to diluted earnings per share of $0.41. “I’m proud of our strong first quarter performance and delighted that we exceeded our expectations in several operating metrics including sales, home closings gross margin and earnings per share,” said Sheryl Palmer, Chairman and CEO of Taylor Morrison.

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Source: Business Insider