PulteGroup Reports Fourth Quarter 2017 Financial Results

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PulteGroup (PHM) Misses Q4 EPS by 1c, Approves $500M Buyback

January 30, 2018 6:31 AM EST

PulteGroup (NYSE: PHM) reported Q4 EPS of $0.85, $0.01 worse than the analyst estimate of $0.86. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.82 billion.

Reflecting the continued strength of housing demand, the value of new orders in the quarter increased 22% over the prior year, helping to grow our year-end backlog to a 12-year high of $4.0 billion,... More