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

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

PulteGroup Reports Fourth Quarter 2019 Financial Results

January 28, 2020 6:30 AM EST

Reported Net Income of $1.22 Per Share Adjusted Net Income of $1.14 Per Share Net New Orders Increased 33% to 5,691 Homes Closings Increased 2% to 6,822 Homes Home Sale Revenues Increased 1% to $2.9 Billion Unit Backlog Up 20% to 10,507 Homes Backlog Value Increased 18% to $4.5 Billion Year-end Cash Balance of $1.2 Billion; Debt-to-Total Capitalization Decreased to 33.6% Company Announces Purchase of Off-site Framing-Shell Manufacturer

ATLANTA--(BUSINESS WIRE)-- PulteGroup, Inc. (NYSE: PHM) announced today financial results for its fourth quarter... More