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The Most Trusted Home Builder Company

The Most Trusted Home Builder Company
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Davidson Homes Expands Its Leadership Team to Add New COO and CFO

Davidson Homes Expands Its Leadership Team to Add New COO and CFO
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Dream Finders' IPO Raises the Question: Will Other Builders Follow Suit?

Dream Finders' IPO Raises the Question: Will Other Builders Follow Suit?
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Taylor Morrison Home Corp (TMHC) Q1 2021 Earnings Call Transcript

Taylor Morrison Home Corp (TMHC) Q1 2021 Earnings Call Transcript
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Taylor Morrison Home Corp (NYSE: TMHC)
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Taylor Morrison Reports First Quarter 2021 Results, Including 42% Year-Over-Year Growth to 4.3 Net Sales Orders per Community

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SCOTTSDALE, Ariz., April 29, 2021 /PRNewswire/ Taylor Morrison Home Corporation (NYSE: TMHC), the nation s fifth largest homebuilder, announced results for the first quarter ended March 31, 2021. Reported net income of $98 million, or $0.75 per diluted share, compared to a reported net loss of $31 million, or $0.26 per diluted share, in the first quarter of 2020.
The Company s first quarter included the following results, as compared to the prior-year quarter:
Net sales orders increased 30 percent to 4,492.
Monthly absorptions increased 42 percent to 4.3 net sales orders per community, a company record high.
Home closings gross margin increased 320 basis points to 18.6 percent.
Backlog increased 54 percent to 10,074 sold homes with a sales value of $5.3 billion, up 70 percent. ....

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