The earnings call revealed a mixed performance for PulteGroup. While the company demonstrated strength in certain geographic markets and its active adult business, there were notable challenges such as a decline in net new orders, high incentives, and decreased revenue and income. The strategic progress in land acquisition and stable cancellation rates were positive, but the challenges in key markets and the overall decline in financial metrics suggest a balanced sentiment.

Company Guidance -

Q3 2025

During PulteGroup's second quarter 2025 earnings call, the company provided guidance on several key metrics. The company announced a net new order total of 7,083 homes, which represented a 7% decrease from the previous year's second quarter. This decline reflected a 13% drop in absorption pace, partially offset by a 6% increase in average community count to 994. PulteGroup's cancellation rate was stable at 11%, consistent with the first quarter. The company maintained a strong gross margin at 27.0% and expects margins to remain between 26.0% and 26.5% for the second half of the year. Home sale revenues were reported at $4.3 billion, down 4% year-over-year, with an average sales price increase of 2% to $559,000. The company also revised its full-year 2025 closing guidance to 29,000 homes and projected an average sales price of $560,000 to $578,000 for the remaining quarters. PulteGroup highlighted its strategic focus on diversifying across buyer groups, particularly active adult buyers, and maintaining geographic market diversity to offset challenges in western and Texan markets. Additionally, the company plans to continue its disciplined capital allocation strategy, with $1.3 billion invested in land acquisition and development in the quarter, and a goal to achieve a land pipeline comprised of 70% options.

Strong Financial Performance

PulteGroup delivered strong closings, gross margins, and overhead leverage, with a return on equity of 23% for the trailing twelve months ended June 30.

Geographic Strength

The company saw positive demand in key markets such as the Midwest and Southeast, including Cleveland, Chicago, Indianapolis, Charlotte, and the coastal Carolinas. Florida operations showed strength with net new orders increasing 2% over last year.

Active Adult Business Growth

PulteGroup's active adult business saw a 9% increase in net new orders. This segment also reported high margins and was up to 24% of total orders for the quarter.

Improvement in Land Pipeline

The company increased its total lots under control to approximately 250,000 and made progress towards a more land-light model, with option lots comprising 60% of the land pipeline.

Stable Cancellation and Capture Rates

Cancellation rates remained stable at 11%, and the financial services capture rate was consistent at 85%.

PulteGroup (PHM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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PHM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	2.89 / -	3.35	―	―	―
Jul 22, 2025	2025 (Q2)	2.95 / 3.03	3.83	-20.89% (-0.80)
Apr 22, 2025	2025 (Q1)	2.43 / 2.57	3.1	-17.10% (-0.53)
Jan 30, 2025	2024 (Q4)	3.26 / 4.43	3.28	35.06% (+1.15)
Oct 22, 2024	2024 (Q3)	3.12 / 3.35	2.9	15.52% (+0.45)
Jul 23, 2024	2024 (Q2)	3.27 / 3.83	3.21	19.31% (+0.62)
Apr 23, 2024	2024 (Q1)	2.36 / 3.10	2.35	31.91% (+0.75)
Jan 30, 2024	2023 (Q4)	3.21 / 3.28	3.85	-14.81% (-0.57)
Oct 24, 2023	2023 (Q3)	2.83 / 2.90	2.69	7.81% (+0.21)
Jul 25, 2023	2023 (Q2)	2.51 / 3.21	2.73	17.58% (+0.48)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PHM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 22, 2025	$108.65	$121.17	+11.52%
Apr 22, 2025	$92.91	$100.67	+8.35%
Jan 30, 2025	$112.51	$118.00	+4.88%
Oct 22, 2024	$143.38	$132.99	-7.25%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pultegroup (PHM) report earnings?

Pultegroup (PHM) is schdueled to report earning on Oct 28, 2025, Before Open (Confirmed).

What is Pultegroup (PHM) earnings time?

Pultegroup (PHM) earnings time is at Oct 28, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PHM EPS forecast?

PHM EPS forecast for the fiscal quarter 2025 (Q3) is 2.89.

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