Pulte Homes (PHM) Reports Slightly Better-Than-Expected Q3; New Home Orders Fall 12%

November 3, 2010 7:55 AM EDT
Pulte Homes (NYSE: PHM) reports Q3 loss of $0.03,ex-items, 2 cents better than the analyst estimate of ($0.05). Revenue for the quarter was $1.06 billion, which compares to the estimate of $1.04 billion.

New home orders fell 12 percent, as the home builder says the industry condition remain "remain challenging over the near term."

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