ATLANTA (AP) — ATLANTA (AP) — PulteGroup Inc. (PHM) on Tuesday reported third-quarter net income of $697.9 million.
On a per-share basis, the Atlanta-based company said it had profit of $3.35.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.10 per share.
The homebuilder posted revenue of $4.48 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $4.26 billion.
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