PulteGroup (PHM) Tops Q2 EPS by 14c, Revenues Beat
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PulteGroup Reports Second Quarter 2018 Financial Results
July 26, 2018 6:30 AM EDTReported Net Income Per Share of $1.12 Reflects Favorable Impact of Insurance Adjustments, Land Sale Gains and Lower Tax Rate Revenue Growth and Operational Gains Drive 89% Year-Over-Year Increase in Adjusted Net Income Per Share to $0.89 Home Sale Revenues Increased 25% to $2.5 Billion Reported Gross Margin Increased to 24.0% Reported Operating Margin of 14.8%; Adjusted Operating Margin Increased 180 Basis Points Over Prior Year to 13.2% Value of Net New Orders Increased 3% to $2.7 Billion; Net New Orders Decreased 1% to 6,341 Homes... More
