PulteGroup: Q1 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — PulteGroup Inc. (PHM) on Tuesday reported first-quarter earnings of $532.3 million.

On a per-share basis, the Atlanta-based company said it had profit of $2.35.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.

The homebuilder posted revenue of $3.58 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $3.27 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PHM at https://www.zacks.com/ap/PHM

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

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