PulteGroup (PHM) Misses Q3 EPS by 7c

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PulteGroup Reports Third Quarter 2022 Financial Results

October 25, 2022 6:30 AM EDT

Earnings Increased 48% to $2.69 Per Share Home Sale Revenues Increased 16% to $3.8 Billion Homebuilding Gross Margin Expanded by 360 Basis Points to 30.1% Net New Orders of 4,924 Homes with a Value of $2.8 Billion Unit Backlog Totaled 17,053 Homes; Backlog Value Increased 3% to $10.6 Billion Repurchased 2% of Outstanding Common Shares for $180 Million

ATLANTA--(BUSINESS WIRE)-- PulteGroup, Inc. (NYSE: PHM) announced today financial results for its third quarter ended September 30, 2022. For the quarter, the Company reported net income of $628 million, or $2.69 per... More