PulteGroup Reports Fourth Quarter 2019 Financial Results

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PulteGroup (PHM) Says 2020 Gross Margins Will be 23%-23.4%, Deliveries 25,500-26,250 - Bloomberg, Citing Call

January 28, 2020 8:45 AM EST

PulteGroup (NYSE: PHM) Says 2020 Gross Margins Will be 23%-23.4%, Deliveries 25,500-26,250 - Bloomberg, Citing Call

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PulteGroup (PHM) Acquires Innovative Construction Group

January 28, 2020 6:42 AM EST

PulteGroup, Inc. (NYSE: PHM) announced today that it has acquired Innovative Construction Group (ICG), a leading off-site solutions provider focused on single family and multifamily wood framed construction. Based in Jacksonville, Florida, ICGs comprehensive framing solutions include design services, manufactured wall panels, roof trusses and floor systems, and on-site installation to provide a full frame shell construction process. ICG will remain a stand-alone operation and continue serving its existing customer base and builder... More

PulteGroup (PHM) Tops Q4 EPS by 5c

January 28, 2020 6:31 AM EST

PulteGroup (NYSE: PHM) reported Q4 EPS of $1.14, $0.05 better than the analyst estimate of $1.09. Revenue for the quarter came in at $2.93 billion versus the consensus estimate of $2.98 billion.

Reported Net Income of $1.22 Per ShareAdjusted Net Income of $1.14 Per ShareNet New Orders Increased 33% to 5,691 HomesClosings Increased 2% to 6,822 HomesHome Sale Revenues Increased... More