PulteGroup Reports Q4 Earnings Beat, Revenue Surpasses Estimates
Atlanta, GA - PulteGroup Inc. (PHM) reported strong fourth-quarter financial results on Thursday.
Earnings:
* Net income: $913.2 million
* Earnings per share (EPS): $4.43
* Adjusted EPS: $3.50 (above consensus estimates of $3.24)
Revenue:
* $4.92 billion (exceeding analyst expectations of $4.66 billion)
Annual Performance:
* Net income: $3.08 billion
* EPS: $14.69
* Revenue: $17.95 billion
PulteGroup's financial performance reflects the ongoing strength in the housing market, particularly in suburban areas. The company's focus on affordable housing has contributed to its success.