Taylor Morrison reports 36% increase in revenue

Taylor MorrisonBy Catherine Reagor, The Republic

Scottsdale-based home­builder Taylor Morrison Home Corp. reported first-quarter earnings of 33 cents per share on net income of $41.2 million.

The company went public through a $526 million public offering in April 2013, so there’s no comparison for earnings during the first quarter of 2013.

Taylor Morrison posted revenue of $519 million for the three months that ended March 31, a 36 percent increase from revenue of $382 million for the first quarter of 2013.

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