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Stock impact report

PulteGroup, Inc. Reports First Quarter 2024 Financial Results [Yahoo! Finance]

PulteGroup, Inc. (PHM) 
Last pultegroup, inc. earnings: 4/23 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Home Sale Gross Margin Increased 50 Basis Points to 29.6% Net New Orders Increased 14% to 8,379 Homes Unit Backlog of 13,430 Homes with a Value of $8.2 Billion Repurchased $246 Million of Common Shares in the Quarter Quarter-End Cash Position of $1.8 Billion ATLANTA, April 23, 2024 BUSINESS WIRE )--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its first quarter ended March 31, 2024. For the quarter, the Company reported net income of $663 million, or $3.10 per share. Reported net income for the quarter includes a $38 million pre-tax, or $0.14 per share, gain related to the sale of a joint venture, and a $27 million pre-tax, or $0.09 per share, insurance benefit recorded in the period. In 2023, the Company reported net income of $532 million, or $2.35 per share. "PulteGroup reported outstanding financial results that included first quarter records for home sale revenues of $3.8 billion, gross margins of 29.6% and earnings per share of $3.10, all of whi Show less Read more
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