PulteGroup Reports Third Quarter 2018 Financial Results

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PulteGroup (PHM) PT Lowered to $28 at Mizuho Securities Following 3Q Report

October 24, 2018 7:50 AM EDT

Mizuho Securities analyst Haendel St. Juste lowered the price target on PulteGroup (NYSE: PHM) to $28.00 (from $31.00) while maintaining a Neutral rating following the company's 3Q earnings report. PHM posted 3Q EPS of $1.01 vs consensus of $0.95, supported by +27% revenue.

Despite the beat,... More

PulteGroup (PHM) Tops Q3 EPS by 6c

October 23, 2018 6:33 AM EDT

PulteGroup (NYSE: PHM) reported Q3 EPS of $1.01, $0.06 better than the analyst estimate of $0.95. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.62 billion.

Net new orders for the third quarter increased 1% to 5,350 homes. The value of third... More