NYSE$TMHC
Taylor Morrison Home Corp · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported record earnings per diluted share
Taylor Morrison reported strong second-quarter results, including record earnings per diluted share of $2.45. Home closings revenue increased 15% to $1.9 billion, and home closings gross margin improved 750 basis points to 26.6%. The company repurchased 6.8 million shares outstanding for $172 million.
- Home closings revenue increased 15 percent to $1.9 billion.
- Home closings gross margin improved 750 basis points to 26.6 percent.
- SG&A as a percentage of home closings revenue improved 140 basis points to 8.8 percent.
- Repurchased 6.8 million shares outstanding for $172 million.
Headline financials
Revenue & EPS history
Taylor Morrison · Revenue · Quarterly
$2B
Forward guidance
Taylor Morrison provided guidance for the third quarter and full year of 2022. The company expects home closings to be between 3,200 and 3,400 in the third quarter and around 13,500 for the full year. GAAP home closings gross margin is expected to be consistent with the second quarter for Q3 and between 25 percent and 26 percent for the full year.
Tailwinds
- Ending active community count is expected to be between 315 to 325 for Q3.
- Home closings are expected to be between 3,200 and 3,400 for Q3.
- GAAP home closings gross margin is expected to be consistent with the second quarter for Q3.
- Effective tax rate is expected to be approximately 25 percent for Q3.
- Diluted share count is expected to be approximately 115 million for Q3.
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 Q2 2022
+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
| Quarter | Report date | Reaction (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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro