PulteGroup (PHM) Tops Q2 EPS by 28c, Revenues Beat

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PulteGroup Reports Second Quarter 2020 Financial Results

July 23, 2020 6:30 AM EDT

Net Income of $1.29 Per Share Adjusted Net Income of $1.15 Per Share Home Sale Revenues Increased 3% to $2.5 Billion Homebuilding Gross Margin Increased 80 Basis Points to 23.9% Backlog of 13,214 Homes Up 12%; Backlog Value Up 13% to $5.8 Billion Net New Orders Decreased 4% to 6,522 Homes Cash of $1.7 Billion After Repaying $700 Million on its Revolving Credit Facility Company Provides Update on the Impacts of COVID-19

 

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