PulteGroup, Inc. Reports First Quarter 2021 Financial Results
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PulteGroup (PHM) Tops Q1 EPS by 8c, Revenues Miss
April 27, 2021 6:34 AM EDTPulteGroup (NYSE: PHM) reported Q1 EPS of $1.28, $0.08 better than the analyst estimate of $1.20. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.89 billion.
Reported Net Income of $1.13 Per ShareAdjusted Net Income of $1.28 Per ShareClosings Increased 12% to 6,044 HomesHome Sale Gross Margin of 25.5%Net New Orders Increased 31% to 9,852 Homes; Net New Order Value Increased 42% to $4.6 BillionBacklog Increased 50% to 18,966 Homes with a Value of $8.8... More