ATLANTA (AP) — ATLANTA (AP) — PulteGroup Inc. (PHM) on Tuesday reported third-quarter profit of $585.8 million.
On a per-share basis, the Atlanta-based company said it had net income of $2.96.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.86 per share.
The homebuilder posted revenue of $4.4 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $4.3 billion.
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