Recap: PulteGroup Q3 Earnings

Shares of PulteGroup PHM rose 2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 32.67% over the past year to $1.34, which beat the estimate of $1.12.

Revenue of $2,955,000,000 higher by 9.04% from the same period last year, which beat the estimate of $2,730,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 22, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.pultegroupinc.com%2F&eventid=2625457&sessionid=1&key=2A7BD9F40423EFBCE13834ADFFC0F899&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $49.70

52-week low: $17.12

Price action over last quarter: Up 9.85%

Company Profile

PulteGroup is one of the largest homebuilders in the United States, operating in 44 markets across 24 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.