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Tri Pointe: 4Q Earnings Snapshot

IRVINE, Calif. (AP) _ Tri Pointe Homes Inc. (TPH) on Tuesday reported fourth-quarter profit of $118 million.

On a per-share basis, the Irvine, California-based company said it had net income of 85 cents.

The home builder posted revenue of $1.14 billion in the period.

For the year, the company reported profit of $207.2 million, or $1.47 per share. Revenue was reported as $3.08 billion.

Tri Pointe shares have increased 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $17.27, a climb of 32% in the last 12 months.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/TPH

Article Topic Follows: California

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The Associated Press

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