Taylor Morrison Home Q4 Results Top Estimates

RTTNews | 553 दिनों पहले
Taylor Morrison Home Q4 Results Top Estimates

(RTTNews) - Taylor Morrison Home Corp. (TMHC) reported Wednesday that net income for the fourth quarter plunged to $172.59 million or $1.58 per share from $275.33 million or $2.51 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter were $2.05 per share, compared to $2.93 per share in the year-ago quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report earnings of $1.74 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenue for the quarter declined 19 percent to $2.02 billion from $2.49 billion in the same quarter last year. Analysts expected revenues of $1.84 billion for the quarter

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

टैग: TMHC
read more
UK Inflation Hits 18-Month High

UK Inflation Hits 18-Month High

UK consumer price inflation accelerated to an 18-month high in July on airfares and food prices, suggesting that the Bank of England is likely to delay further easing. The consumer price index posted an annual growth of 3.8 percent after rising 3.6 percent in June, the Office for National Statistics reported Wednesday.
RTTNews | 28 मिनटों पहले
Australian Dollar Falls Amid RBA Rate Cut Speculation

Australian Dollar Falls Amid RBA Rate Cut Speculation

The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as traders expect two or more rate cuts if inflation continues to decline as anticipated. Earlier this month, the Reserve Bank of Australia (RBA) lowered its cash rate to 3.60 percent from 3.85 percent, as widely expected.
RTTNews | 1घंटे 17 मिनट पहले
New Zealand Hints At More Interest Rate Cuts

New Zealand Hints At More Interest Rate Cuts

The Reserve Bank of New Zealand reduced its key interest rate by 25 basis points to a three-year low and hinted at further easing on Wednesday. The Monetary Policy Committee, governed by Christian Hawkesby, voted to lower the Official Cash Rate to 3 percent from 3.25 percent. The bank has reduced the rate by 250 basis points since August 2024.
RTTNews | 1घंटे 32 मिनट पहले
NZ Dollar Slides As RBNZ Cuts Rate By 25 Bps

NZ Dollar Slides As RBNZ Cuts Rate By 25 Bps

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand decided to cut its key interest rate by 25 basis points and signaled further easing.
RTTNews | 2घंटे 53 मिनट पहले
European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer prices from the UK and the euro area due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK consumer prices for July. Inflation is seen rising to 3.7 percent in July from 3.6 percent in the previous month.
RTTNews | 3घंटे 14 मिनट पहले
China Leaves Benchmark Interest Rate Unchanged

China Leaves Benchmark Interest Rate Unchanged

The People's Bank of China maintained its interest rates on Wednesday, as Beijing focus on fiscal policy easing and more targeted measures. The central bank left its one-year loan prime rate at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The bank had reduced its both LPRs by quarter points in October 2024.
RTTNews | 3घंटे 23 मिनट पहले