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Pulte Group (PHM) Posts Q3 Loss of 34c/Share;

October 27, 2011 6:35 AM
Pulte Group (NYSE: PHM) reported Q3 loss of $0.34, which may not compare with the analyst estimate of ($0.01). Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.05 billion.

Net New Orders of 3,564 Homes, Flat with Prior Year on 4% Fewer Communities.

Unit closings increased 9 percent to 4,198. Avg. selling price down 1 percent to $262,000.

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Earnings