PulteGroup (PHM) Misses Q1 EPS by 1c
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PulteGroup, Inc. Reports First Quarter 2015 Financial Results
April 23, 2015 6:30 AM EDTATLANTA, April 23, 2015 /PRNewswire/ --
Q1 Net Income of $55 Million, or $0.15 Per Share; Prior Year Net Income of $75 Million, or $0.19 Per Share, Includes a Net Benefit of $0.02 Per Share from Reversal of Mortgage Reserves Partially Offset by Debt Redemption Charges Net New Orders Increased 6% to 5,139 Homes Value of Net New Orders Increased 6% to $1.7 Billion Q1 Community Count of 613, Up 5% Over the Prior Year Average Closing Price Increased 2% to $323,000 Per Home Gross Margin of 22.7% Consistent with Company Guidance Unit Backlog Increased... More