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Posted by
Two Blokes Jul 25 -
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Stock
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Despite near-term pain from margin pressures and declining orders, Tri Pointe Homes remains a long-term value opportunity for patient investors. Q2 revenue and adjusted EPS beat expectations, but rising cancellations and a shrinking backlog drove the stock down nearly 10%. Industry headwinds—high rates, affordability, and inflation—are weighing on results, but the housing shortage supports the long-term thesis.