PulteGroup (PHM) Tops Q1 EPS by 74c, Beats on Revenue

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PulteGroup, Inc. Reports First Quarter 2024 Financial Results

April 23, 2024 6:30 AM EDT

Earnings Increased 32% to $3.10 Per Share Home Sale Revenues Increased 10% to $3.8 Billion Closings Increased 11% to 7,095 Homes Home Sale Gross Margin Increased 50 Basis Points to 29.6% Net New Orders Increased 14% to 8,379 Homes Unit Backlog of 13,430 Homes with a Value of $8.2 Billion Repurchased $246 Million of Common Shares in the Quarter Quarter-End Cash Position of $1.8 Billion

ATLANTA--(BUSINESS WIRE)-- PulteGroup, Inc. (NYSE: PHM) announced today financial results for its first quarter ended March 31, 2024.... More