PulteGroup (PHM) Tops Q2 EPS by 12c

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Go back to PulteGroup (PHM) Tops Q2 EPS by 12c

PulteGroup, Inc. Reports First Quarter 2022 Financial Results

April 28, 2022 6:30 AM EDT

Net Income of $1.83 Per Share Increased 43% Over Prior Year Adjusted Net Income of $1.28 Per Share Home Sale Revenues Increased 18% to $3.1 Billion Closings of 6,039 Homes Consistent with Prior Year; Average Sales Price Increased 18% to $508,000 Home Sale Gross Margin Expanded by 350 Basis Points to 29.0% Net New Orders Lower by 19% to 7,971 Homes; Net New Order Value Increased 2% to $4.7 Billion Unit Backlog Increased 5% to 19,935 Homes with a Value of $11.5 Billion Company Repurchased 10.3 Million Shares, or 4% of Outstanding Shares, for $500 Million Return on Equity for Trailing... More