Tri Pointe Homes EPS beats by $0.13, misses on revenue

• Tri Pointe Homes (NYSE:TPH): Q1 GAAP EPS of $0.59 beats by $0.13.
• Revenue of $718.86M (+20.7% Y/Y) misses by $16.01M.
• Net New Home Orders up 20% Y/Y to 1,987. Backlog Units up 56% Y/Y to 3,825 units. Backlog Dollar Value up 51% Y/Y to $2.5B.
• Press Release