Pulte Group (PHM) Posts Wider than Expected Q2 Loss
Pulte Group (NYSE: PHM) reported Q2 loss of ($0.15), $0.11 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $927.21 million versus the consensus estimate of $974.01 million.
Net new home orders for the second quarter were 4,222, which was consistent with the prior year and down 3% compared with the first quarter of 2011.
Net new home orders for the second quarter were 4,222, which was consistent with the prior year and down 3% compared with the first quarter of 2011.