PulteGroup (PHM) Tops Q4 EPS by 8c
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PulteGroup Reports Financial Results For 2016 Fourth Quarter
January 26, 2017 6:30 AM ESTATLANTA, Jan. 26, 2017 /PRNewswire/ -- PulteGroup, Inc. (NYSE: PHM) announced today financial results for its fourth quarter ended December 31, 2016. For the quarter, PulteGroup reported net income of $273 million, or $0.83 per share, inclusive of $0.16 per share of insurance and income tax benefits. Prior year reported net income of $228 million, or $0.64 per share, included $0.07 per share of benefits associated with the reversal of certain mortgage and insurance reserves.Â
"With the gains achieved in our fourth quarter results, PulteGroup completed a year in which it realized significant growth, including double-digit year-over-year increases in orders,... More
