NYSE$TMHC

Taylor Morrison Home Corp · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Taylor Morrison reported first quarter results with sales orders up approximately 33% and closings up approximately 43% year-over-year.

Taylor Morrison reported adjusted diluted earnings per share of $0.57 and GAAP diluted earnings per share of ($0.26) for the first quarter of 2020. Net sales orders increased by approximately 33% year-over-year, and home closings increased by almost 43% year-over-year. Total revenue was $1.3 billion, an almost 46% increase over the prior year quarter.

  • Net sales orders were 3,466, approximately a 33 percent increase over the prior year quarter
  • Average monthly sales pace per community was 3.1, compared to 2.3 from the first quarter 2019
  • Home closings were 2,761, an almost 43 percent increase over the prior year quarter
  • Total revenue was $1.3 billion, an almost 46 percent increase over the prior year quarter

Headline financials

Total Revenue

$1.35B

Previous: $925M+45.5%
EPS (adj)

$0.57

Previous: $0.46+23.9%
Capital Expenditures

$6.03M

Previous: -$6.19M+197.4%
Free Cash Flow

$66.1M

Previous: $44.9M+47.0%
Net Income

-$31.4M

Previous: $51.1M-161.5%
Operating Income

-$28.8M

Previous: $68.2M-142.2%
Gross Profit

$198M

Previous: $172M+14.9%
Cash & Equivalents

$508M

Previous: $172M+195.2%
Total Assets

$8.26B

Previous: $5.19B+59.2%
Stock-Based Comp

$17M

Previous: $3.42M+397.6%

Revenue & EPS history

Taylor Morrison · Revenue · Quarterly

$1.35B

Q1 2020+45.5%vs Q1 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The company did not provide specific forward guidance in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.0%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+2.0%

Avg return

30 days after

42%

22 / 53 earnings

Positive

+11.5%

Q3 2021

Best reaction

-8.9%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.5%+1.6%-6.4%
Q4 2025-1.1%+3.7%-10.9%
Q3 2025-3.2%-4.4%-2.9%
Q2 2025-1.9%-0.8%+0.5%
Q1 2025-2.0%-2.6%-4.0%
Q4 2024+3.3%+2.9%-5.9%
Q3 2024+5.4%+7.8%+9.6%
Q2 2024-0.6%+2.8%+4.1%
Q1 2024-2.8%-0.9%-1.0%
Q4 2023+7.9%+3.2%+6.4%
Q3 2023-2.8%-3.6%+15.3%
Q2 2023-5.4%-3.2%-11.5%
Q1 2023+4.9%+5.6%+7.9%
Q4 2022+0.6%-0.4%-1.3%
Q3 2022-4.0%-2.6%+8.6%
Q2 2022+4.8%+6.1%-3.0%
Q1 2022-1.5%-1.3%+4.3%
Q4 2021+4.2%-0.5%+4.4%
Q3 2021+11.5%+14.4%+16.5%
Q2 2021+6.3%+8.3%+13.2%
Q1 2021-4.8%-3.8%-9.7%
Q4 2020-0.5%-3.0%-3.2%
Q3 2020-3.4%-3.8%+11.7%
Q2 2020-5.3%-6.5%-1.9%
Q1 2020-0.5%+8.9%+48.4%
Q4 2019-0.5%-1.3%-18.5%
Q3 2019-5.1%-8.6%-12.1%
Q2 2019+2.1%-1.2%+6.4%
Q1 2019+9.8%+6.9%+3.2%
Q4 2018-6.4%-8.4%-10.5%
Q3 2018+2.7%+4.4%+6.9%
Q2 2018-0.9%-0.6%-0.4%
Q1 2018-6.0%-5.6%-10.0%
Q4 2017-1.2%-2.3%-2.2%
Q3 2017-3.3%-2.9%-1.0%
Q2 2017-3.7%-3.7%-12.3%
Q1 2017+2.6%+2.2%+5.1%
Q4 2016-8.9%+0.1%+9.2%
Q3 2016+6.2%+9.5%+17.3%
Q2 2016+5.6%+8.9%+10.8%
Q1 2016-3.8%
Q4 2015+3.7%
Q3 2015-6.3%
Q2 2015+5.4%
Q1 2015+1.0%
Q4 2014-2.8%
Q3 2014+6.3%
Q2 2014-0.6%
Q1 2014+0.3%
Q4 2013+8.1%
Q3 2013-2.0%
Q2 2013-8.8%
Q1 2013-5.4%
Q3 2012
Q2 2012
Q1 2012

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