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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