Taylor Morrison Home Corp. (TMHC) announced a profit for third quarter that Decreased from last year but beat the Street estimates.
The company's earnings totaled $201.44 million, or $2.01 per share. This compares with $251.13 million, or $2.37 per share, last year.
Excluding items, Taylor Morrison Home Corp. reported adjusted earnings of $210.87 million or $2.11 per share for the period.
Analysts on average had expected the company to earn $1.92 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.2% to $2.095 billion from $2.120 billion last year.
Taylor Morrison Home Corp. earnings at a glance (GAAP) :
-Earnings: $201.44 Mln. vs. $251.13 Mln. last year.-EPS: $2.01 vs. $2.37 last year.-Revenue: $2.095 Bln vs. $2.120 Bln last year.
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