Raymond James Downgrades PulteGroup (PHM) to Market Perform
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PulteGroup (PHM) Tops Q1 EPS by 4c
April 21, 2016 6:36 AM EDTPulteGroup (NYSE: PHM) reported Q1 EPS of $0.24, $0.04 better than the analyst estimate of $0.20. Revenue for the quarter rose 28% to $1.4 billion versus the consensus estimate of $1.36 billion.
Higher revenues for the quarter were driven by a 17% increase in closings to 3,945 homes in combination with a 9% increase in average selling price to... More
