PulteGroup

PulteGroup, Inc. engages in the homebuilding business. The firm is also involved in mortgage banking and title and insurance brokerage operations. It operates through the Homebuilding and Financial services business segments. The Homebuilding segment includes operations from Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Virginia, Georgia, North Carolina, South Carolina, Tennessee, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio, Texas, Arizona, California, Nevada, New Mexico, and Washington. The Financial Services segment consists of mortgage banking and title operations. The company was founded by William J. Pulte in 1950 and is headquartered in Atlanta, GA.

Earnings data Q1 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

PulteGroup achieves record Q4 earnings, focuses on strategic pricing

PulteGroup's strong financial performance in Q4 2022 reflects its resilience in the face of market challenges. With a focus on steady production volume, strategic pricing, and operational adaptability, the company remains optimistic about its future prospects. Managing affordability, optimizing production efficiency, and addressing market dynamics will be key focus areas for PulteGroup moving forward.

PulteGroup excels in Q1, faces margin pressure in Q2

PulteGroup's strong Q1 performance reflects effective cost management and strategic focus on spec homes.
Challenges include potential margin contraction in Q2 and decline in net new orders.
Opportunities lie in improving market conditions, leveraging liquidity, and strong entry-level demand.

PulteGroup reports record Q2 earnings, eyes growth in land market

PulteGroup's strong financial performance in Q2 2023 underscores operational excellence and prudent financial management. Despite supply chain challenges and modest price increases, the company maintains a solid financial position with a focus on efficiency and disciplined underwriting. Opportunities in the land market and Florida market growth offer avenues for further expansion.

PulteGroup excels in Q3 with record earnings and strategic investments

PulteGroup's Q3 performance reflects strong growth, efficient operations, and strategic investments. While challenges in maintaining margins and addressing affordability persist, the company's adaptability and focus on market dynamics position it well for future opportunities.

PulteGroup reports record revenues and plans for growth in 2024

PulteGroup's strong financial performance in 2023 was driven by record revenues, increased earnings per share, and robust new order growth. Despite challenges like affordability issues and cost inflation, the company is strategically positioned to capitalize on growth opportunities and operational efficiencies in 2024. By addressing affordability concerns and focusing on cycle time improvements, PulteGroup aims to sustain its momentum.

PulteGroup achieves record Q1 results, eyes strategic growth opportunities

PulteGroup's strong performance in Q1 2024 was driven by record revenues, increased margins, and strategic decisions.
While facing challenges like affordability and cost pressures, the company is leveraging opportunities in investments and market strategies.
Maintaining a focus on efficiency and growth avenues positions PulteGroup well for the future amidst a dynamic market environment.

PulteGroup reports 19% earnings growth, focuses on efficiency and growth

PulteGroup delivered a strong Q2 performance with notable increases in earnings, gross margin, and closings, despite facing challenges in market demand and competitive conditions in certain regions.
Strategic initiatives like managing price, pace, and starts, along with increasing third-party land vendors, present opportunities for growth and efficiency improvements.
The company's financial services operations also showed robust growth, contributing to overall positive financial results.
CFO succession plans were announced, ensuring a smooth transition and continuity in financial leadership.

PulteGroup reports robust Q3 earnings amidst margin challenges and growth opportunities

PulteGroup's Q3 performance reflects strong earnings growth and strategic initiatives to address market demand and enhance operational efficiency.
While facing challenges such as margin pressures and buyer confidence fluctuations, the company remains focused on meeting closing targets and driving revenue growth.
Opportunities lie in achieving closing targets, improving margins, and optimizing operations to capitalize on market demand and drive profitability.

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PulteGroup, Inc. engages in the homebuilding business. The firm is also involved in mortgage banking and title and insurance brokerage operations. It operates through the Homebuilding and Financial services business segments. The Homebuilding segment includes operations from Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Virginia, Georgia, North Carolina, South Carolina, Tennessee, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio, Texas, Arizona, California, Nevada, New Mexico, and Washington. The Financial Services segment is composed of mortgage banking and title operations. The company was founded by William J. Pulte in 1950 and is headquartered in Atlanta, GA.

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ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) (the “Company”) today announced that it has commenced tender offers to purchase for cash the debt securities issued by the Company listed in the table below. Tender Offers for up to $300,000,000 in Aggregate Principal Amount of Securities of PulteGroup, Inc. Listed Below in the Acceptance Priority Levels Listed Below Title of Security CUSIP No./ISIN No. Principal Amount Outstanding Acceptance Priority Level(1) Early Tender Payment (2)(3) U.

PulteGroup, Inc. Announces Launch of Tender Offers for Senior Notes

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Why PulteGroup (PHM) Might be Well Poised for a Surge

ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM), will present at the J.P. Morgan 17th Annual Homebuilding & Building Products Conference on Tuesday, May 14, 2024, at 8:15 a.m. (ET). Interested investors can access the webcast of PulteGroup's presentation by logging onto the Company's website at pultegroup.com and selecting the Events & Presentations link under the Investor Relations tab. Participants are encouraged to log on at least five minutes prior to the start of the present.

PulteGroup's Presentation at the J.P. Morgan 17th Annual Homebuilding & Building Products Conference to be Webcast Live

Homebuilder PulteGroup Inc. NYSE: PHM shares are trading up 13% year-to-date despite a soft housing market. High interest rates have led to a weak existing home sales market, where owners refuse to sell their homes only to get trapped with higher mortgage rates on their next home.

PulteGroup Wins and Wins More on Interest Rate Cuts

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PulteGroup (PHM) came out with quarterly earnings of $2.87 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.35 per share a year ago.

PulteGroup (PHM) Q1 Earnings and Revenues Surpass Estimates

PulteGroup's (PHM) first-quarter 2024 results reflect strong deliveries and orders.

PulteGroup (PHM) Q1 Earnings & Revenues Top, Orders Rise Y/Y

PulteGroup Inc. (NYSE:PHM ) Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants Ryan Marshall - President, Chief Executive Officer Robert O'Shaughnessy - Executive Vice President, Chief Financial Officer James Zeumer - Vice President, Investor Relations Conference Call Participants Stephen Kim - Evercore ISI Matthew Bouley - Barclays Carl Reichardt - BTIG Anthony Pettinari - Citi Andrew Azzi - JP Morgan John Lovallo - UBS Rafe Jadrosich - Bank of America Mike Dahl - RBC Capital Markets Alan Ratner - Zelman & Associates Ken Zener - Seaport Research Partners Operator Thank you for standing by. My name is Jeannie and I will be your conference operator today.

PulteGroup (PHM) Q1 2024 Earnings Call Transcript

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Although the revenue and EPS for PulteGroup (PHM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

PulteGroup (PHM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

PulteGroup Inc.'s stock rose in premarket trading on Tuesday after the home builder beat its first-quarter earnings estimate and said it sees an opportunity to benefit from U.S.'s housing demand.

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News for PulteGroup Stock (PHM)