PulteGroup (PHM) Downgraded by BofA on Weaker Home Demand
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PulteGroup Reports Second Quarter 2022 Financial Results
July 26, 2022 6:30 AM EDTNet Income of $2.73 Per Share Increased 59% Over Prior Year Adjusted Net Income of $1.72 Per Share Closings of 7,177 Homes Comparable with Prior Year; Average Sales Price Increased 19% to $531,000 Home Sale Revenues Increased 18% to $3.8 Billion Home Sale Gross Margin Increased 430 Basis Points to 30.9% Net New Orders of 6,418 Homes with a Value of $3.9 Billion Unit Backlog of 19,176 Homes with a Value of $11.6 Billion Company Repurchased $294 Million of Stock in the Period
ATLANTA--(BUSINESS WIRE)-- PulteGroup, Inc. (NYSE:... More
