PulteGroup Reports Financial Results For 2016 Fourth Quarter

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Go back to PulteGroup Reports Financial Results For 2016 Fourth Quarter

PulteGroup (PHM) Tops Q4 EPS by 8c

January 26, 2017 6:38 AM EST

PulteGroup (NYSE: PHM) reported Q4 EPS of $0.67, ex-benefit $0.08 better than the analyst estimate of $0.59. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.32 billion.

Higher revenues for the period were driven by a 9% increase in closings to 6,197 homes, combined with an 11% increase in average selling price to $391,000. The... More