Reports Q3 revenue $4.4B, consensus $4.31B. “We remain disciplined in running our business consistent with PulteGroup’s (PHM) long-term operating and financial strategies as we manage production volumes and capital allocation, while executing our operating model to drive high returns over the housing cycle,” said PulteGroup President and CEO, Ryan Marshall. “Reflective of this approach, in our third quarter we generated home sale revenues of $4.2 billion, and earnings of $2.96 per share, while driving strong cash flow from operations and returning $344 million to shareholders through dividends and share repurchases.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PHM:
- PHM Upcoming Earnings Report: What to Expect?
- PulteGroup price target lowered to $140 from $145 at BofA
- PulteGroup downgraded to In Line from Outperform at Evercore ISI
- Trump Trade: Trump administration discusses taking stake in Critical Metals
- Trump tells Fannie Mae, Freddie Mac to get homebuilders ‘going,’ Reuter says
