PulteGroup: Q4 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — PulteGroup Inc. (PHM) on Thursday reported fourth-quarter earnings of $913.2 million.
The Atlanta-based company said it had profit of $4.43 per share. Earnings, adjusted for non-recurring gains, were $3.50 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.24 per share.
The homebuilder posted revenue of $4.92 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $4.66 billion.
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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