Exhibit 99.1


-Home Sales Revenue up 19% on an 8% Increase in Deliveries and a 10% Increase in Average Sales Price- 
-Homebuilding Gross Margin Percentage Increased 180 Basis Points to 21.3%-
-Diluted Earnings Per Share of $0.43-
-Repurchased $139.3 million of Common Stock-
Irvine, California, October 24, 2018 /Business Wire/ – TRI Pointe Group, Inc. (the "Company") (NYSE: TPH) today announced results for the third quarter ended September 30, 2018.
Results and Operational Data for Third Quarter 2018 and Comparisons to Third Quarter 2017
Net income available to common stockholders was $64.0 million, or $0.43 per diluted share, compared to $72.3 million, or $0.48 per diluted share
Home sales revenue of $771.8 million compared to $648.6 million, an increase of 19%
New home deliveries of 1,205 homes compared to 1,111 homes, an increase of 8%
Average sales price of homes delivered of $640,000 compared to $584,000, an increase of 10%
Homebuilding gross margin percentage of 21.3% compared to 19.5%, an increase of 180 basis points
Excluding interest and impairments and lot option abandonments, adjusted homebuilding gross margin percentage was 24.0%*
SG&A expense as a percentage of homes sales revenue of 10.7% compared to 10.2%, an increase of 50 basis points
New home orders of 1,035 compared to 1,268, a decrease of 18%
Active selling communities averaged 127.3 compared to 129.8, a decrease of 2%
New home orders per average selling community were 8.1 orders (2.7 monthly) compared to 9.8 orders (3.3 monthly)
Cancellation rate increased to 19% compared to 15%
Backlog units at quarter end of 2,101 homes compared to 2,265, a decrease of 7%
Dollar value of backlog at quarter end of $1.4 billion compared to $1.5 billion, a decrease of 3%
Average sales price of homes in backlog at quarter end of $681,000 compared to $654,000, an increase of 4%
Ratios of debt-to-capital and net debt-to-net capital of 43.7% and 42.3%*, respectively, as of September 30, 2018
Repurchased 9,852,009 shares of common stock at a weighted average price per share of $14.14 for an aggregate dollar amount of $139.3 million in the three months ended September 30, 2018
Ended third quarter of 2018 with total liquidity of $569.9 million, including cash of $83.1 million and $486.8 million of availability under the Company's unsecured revolving credit facility
*    See "Reconciliation of Non-GAAP Financial Measures"
“TRI Pointe Group turned in another strong operational performance in the third quarter, highlighted by year-over-year home sales revenue growth of 19% and gross margin expansion of 180 basis points,” said TRI Pointe Group Chief Executive Officer Doug Bauer. “Our absorption rates did slow in the quarter as compared to the same period last year, which we feel is a natural reaction by buyers confronted by higher mortgage interest rates and higher home prices. It is important to note that, while not as strong as the same period last year, our overall absorption rate of 2.7

Page 1

The following information was filed by Tri Pointe Group, Inc. (TPH) on Wednesday, October 24, 2018 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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