Exhibit 99.1
tphlogo.jpg



TRI POINTE GROUP, INC. REPORTS 2017 THIRD QUARTER RESULTS

-New Home Orders up 36% Year-Over-Year on a 9% Increase in Average Selling Communities- 
-Backlog Dollar Value up 56% on a 32% increase in Backlog Units-
-Reports Net Income Available to Common Stockholders of $72.3 Million, or $0.48 per Diluted Share-
-Reports $68.2 Million of Land and Lot Revenue and $56.2 Million in Land and Lot Gross Margin-
Irvine, California, October 25, 2017 /Business Wire/ – TRI Pointe Group, Inc. (the "Company") (NYSE: TPH) today announced results for the third quarter ended September 30, 2017.
Results and Operational Data for Third Quarter 2017 and Comparisons to Third Quarter 2016
Net income available to common stockholders was $72.3 million, or $0.48 per diluted share, compared to $34.8 million, or $0.22 per diluted share
New home orders of 1,268 compared to 932, an increase of 36%
Active selling communities averaged 129.8 compared to 119.0, an increase of 9%
New home orders per average selling community were 9.8 orders (3.3 monthly) compared to 7.8 orders (2.6 monthly)
Cancellation rate of 15% compared to 17%, a decrease of 200 basis points
Backlog units at quarter end of 2,265 homes compared to 1,711, an increase of 32%
Dollar value of backlog at quarter end of $1.5 billion compared to $950.2 million, an increase of 56%
Average sales price in backlog at quarter end of $654,000 compared to $555,000, an increase of 18%
Home sales revenue of $648.6 million compared to $578.7 million, an increase of 12%
New home deliveries of 1,111 homes compared to 1,019 homes, an increase of 9%
Average sales price of homes delivered of $584,000 compared to $568,000, an increase of 3%
Homebuilding gross margin percentage of 19.5% compared to 20.1%, a decrease of 60 basis points
Excluding interest and impairments and lot option abandonments, adjusted homebuilding gross margin percentage was 22.0%*
Land and lot sales revenue of $68.2 million compared to $2.5 million
Land and lot sales gross margin percentage of 82.4% compared to 31.6%
Third quarter 2017 results include the sale of a parcel consisting of 69 homebuilding lots located in the Pacific Highlands Ranch community in San Diego, California, representing $66.8 million in land and lot sales revenue and $56.1 million in land and lot gross margin
SG&A expense as a percentage of homes sales revenue of 10.2% compared to 10.9%, a decrease of 70 basis points
Ratios of debt-to-capital and net debt-to-net capital of 47.5% and 45.0%*, respectively, as of September 30, 2017
Repurchased 975,700 shares of common stock at a weighted average price per share of $12.83 for an aggregate dollar amount of $12,519,904 in the three months ended September 30, 2017
Ended third quarter of 2017 with total liquidity of $554.6 million, including cash of $162.4 million and $392.2 million of availability under the Company's unsecured revolving credit facility
 
*    See "Reconciliation of Non-GAAP Financial Measures"

Page 1

The following information was filed by Tri Pointe Group, Inc. (TPH) on Wednesday, October 25, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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