Exhibit 99.1 TRI POINTE HOMES, INC. REPORTS 2024 THIRD QUARTER RESULTS -New Home Deliveries of 1,619- -Home Sales Revenue of $1.1 Billion- -Homebuilding Gross Margin Percentage of 23.3%- -Diluted Earnings Per Share of $1.18- -Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.1%- INCLINE VILLAGE, Nev., October 24, 2024 / Tri Pointe Homes, Inc. (the "Company") (NYSE:TPH) today announced results for the third quarter ended September 30, 2024. "Tri Pointe Homes once again delivered excellent financ ...

Tri Pointe Homes (TPH) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.69%. A quarter ago, it was expected that this home builder would post earnings of $1.03 per share when it actually produced earnings of $1.25, delivering a surprise of 21.36%.Over the last four quarters, the com ...

-New Home Deliveries of 1,619--Home Sales Revenue of $1.1 Billion--Homebuilding Gross Margin Percentage of 23.3%--Diluted Earnings Per Share of $1.18--Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.1%- INCLINE VILLAGE, Nev., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the “Company”) (NYSE:TPH) today announced results for the third quarter ended September 30, 2024. “Tri Pointe Homes once again delivered excellent financial results for the third quarter,” said Doug Bauer, Tri Poi ...

Final New Construction Phase of Sought-After Community Offers Two- and Three-Story Townhomes in Charming and Historic Raleigh SuburbRALEIGH, N.C., Oct. 21, 2024 /PRNewswire/ -- Tri Pointe Homes®, a nationally recognized and rapidly expanding leader in the Raleigh new home real estate sector, is now selling The Mews at Holding Village, the final new construction phase in the popular Holding Village neighborhood in Wake Forest. Priced from the mid $300s, these two- and three-story townhomes provide low-mainte ...

Homebuilder Awarded More Than 10 Accolades Including Home of the Year and Salesperson of the Year POTOMAC, Md., Oct. 10, 2024 /PRNewswire/ -- Tri Pointe Homes, Inc. (NYSE: TPH) is pleased to announce that its D.C. Metro division received 13 awards (eleven awards and two awards of merit) across the categories of design & architecture, interior merchandising and sales & marketing during the Great American Living Awards held on October 9, 2024. Tri Pointe Homes also received two of the most prominent awards of ...

INCLINE VILLAGE, Nev., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (NYSE: TPH) announced today that it will release its financial results for the third quarter of 2024 before the market opens on Thursday, October 24, 2024. The Company will host a conference call on the same day to discuss the results at 7:00 AM Pacific (10:00 AM Eastern). The call will be hosted by Doug Bauer, Chief Executive Officer, Tom Mitchell, Chief Operating Officer, Glenn Keeler, Chief Financial Officer, and Linda Mamet ...

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Core Viewpoint - Tri Pointe Homes has shown impressive growth, with a significant increase in stock price and strong financial performance, leading to a continued 'buy' rating despite some concerns regarding backlog and net new orders [1][11]. Financial Performance - Revenue for the second quarter of 2024 reached $1.15 billion, a 37.9% increase from $837.3 million in the same quarter last year [3]. - Net income nearly doubled from $60.7 million to $118 million, driven by increased home deliveries despite a decrease in average home price from $698,000 to $666,000 [4]. - EBITDA rose from $129.9 million to $216 million, indicating improved profitability metrics [4]. Delivery and Pricing - The number of home deliveries surged from 1,173 to 1,700 homes in the second quarter, contributing to revenue growth [3]. - Average home prices decreased from $709,000 to $663,000 in the first half of 2024, but the increase in delivery volume offset this decline [5]. Backlog and Orders - Backlog decreased to 2,692 homes from 2,765 homes a year ago, indicating potential challenges in future demand [6]. - Net new orders fell to 1,651 homes in the most recent quarter, down 13.7% from 1,912 homes the previous year [8]. Market Positioning - Tri Pointe Homes is attractively priced compared to peers, with a price-to-earnings ratio of 7.1, lower than most competitors [10]. - The company is expected to generate net profits of $550.7 million and adjusted operating cash flow of $583.5 million based on annualized results [9]. Industry Outlook - Despite current challenges, the long-term outlook for the housing market remains positive due to a significant shortage of homes, estimated between 4 million and 7 million [6].

"The grand openings of Tredenham and Elm Park reflect our commitment to quality and innovation in homebuilding while providing our clients with luxury residences in core locations throughout the Triangle," said James Flanagan, Vice President of Community Experience at Tri Pointe Homes' Raleigh Division. "As one of the Triangle area's most trusted homebuilders, we are excited to offer prospective homeowners two vibrant communities in highly sought-after neighborhoods that epitomize the best of what the area ...

"Serenity offers the perfect location for Tri Pointe Homes to expand its Altis brand to the East Coast," said Tri Pointe Homes' Vice President of Community Experience James Flanagan. "Greenfield Communities has done a stellar job creating an idyllic backdrop for this new premium lifestyle community, all within a short drive to the shopping, dining, and culture of nearby Fuquay Varina, Holly Springs, Angier, and the rest of the greater Triangle. We believe in building community in every sense of the word, fr ...