PulteGroup (PHM) Tops Q1 EPS by 53c

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PulteGroup, Inc. Reports First Quarter 2023 Financial Results

April 25, 2023 6:30 AM EDT

Net Income Increased 28% to $2.35 Per Share Home Sale Revenues Increased 15% to $3.5 Billion Closings Increased 6% to 6,394 Homes; Average Sales Price Increased 9% to $545,000 Home Sale Gross Margin for the Period was 29.1% Gross New Orders Higher by 1% to 8,898 Homes; Net New Orders Decreased 8% to 7,354 Homes Unit Backlog of 13,129 Homes with a Value of $8.0 Billion Company Increases Share Repurchase Authorization by $1.0 Billion

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