Homebuilder Taylor Morrison Home (NYSE:TMHC) is set to report earnings results this Wednesday before market hours. Last quarter, the company beat revenue expectations by 5.7%, with revenues of $1.90 billion, up 11.5% year on year. Analysts expect a 1.9% revenue decline this quarter to $1.95 billion, with adjusted earnings of $1.94 per share. Taylor Morrison Home has a history of surpassing Wall Street’s expectations, beating revenue estimates by 7% on average over the past two years. Peers like KB Home and Lennar have already reported Q2 results, both seeing revenue declines. Taylor Morrison Home’s stock is up 1.9% with an average analyst price target of $72.52.
Read more at StockStory Media: Taylor Morrison Home (TMHC) Reports Earnings Tomorrow: What To Expect
