PulteGroup (PHM) Misses Q3 EPS by 10c

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Go back to PulteGroup (PHM) Misses Q3 EPS by 10c

PulteGroup Reports Third Quarter 2015 Financial Results

October 22, 2015 6:30 AM EDT

ATLANTA, Oct. 22, 2015 /PRNewswire/ -- PulteGroup, Inc. (NYSE: PHM) announced today financial results for its third quarter ended September 30, 2015.  For the quarter, the Company reported net income of $108 million, or $0.30 per share, inclusive of $9 million, or $0.03 per share, of net charges resulting from litigation-related reserve adjustments taken in the quarter.  Prior year net income for the quarter was $141 million, or $0.37 per share. 

"PulteGroup's third quarter results demonstrate our continued focus on delivering higher returns on invested capital over the housing cycle as we realized an improved sales pace while expanding gross... More