PulteGroup (PHM) Tops Q1 EPS by 2c, Sales Miss

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PulteGroup, Inc. Reports First Quarter 2017 Financial Results

April 25, 2017 6:30 AM EDT

Q1 Net Income of $92 Million, or $0.28 Per Share, Includes $0.03 Per Share Charge for Resolution of Certain Insurance Matters; Reported EPS Up 17% Over Prior YearHome Sale Revenues Gained 14% to $1.6 Billion; Closings Increased 7% to 4,225 HomesValue of Net New Orders Increased 16% to $2.4 Billion; Net New Orders Up 8% to 6,126 HomesBacklog Value Up 13% to $3.8 Billion; Backlog Increased 6% to 9,323 HomesRepurchased $100 Million of Stock During the Quarter

ATLANTA, April 25, 2017 (GLOBE NEWSWIRE) -- PulteGroup, Inc. (NYSE: PHM) announced... More