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0 -7.85237534354544E-05 -0.000471142520612503 -0.00620337652139777 -0.000863761287789552 0.000785237534354097 -0.000706713780918755 -0.000706713780918755
Stock impact report

PulteGroup (PHM) Stock Trades Up, Here Is Why [Yahoo! Finance]

PulteGroup, Inc. (PHM) 
Last pultegroup, inc. earnings: 4/23 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company posted revenue of $4.61 billion, comfortably surpassing Wall Street's estimate of $4.35 billion, though this figure represented a 6.3% decline from the same period last year. However, its profit of $2.56 per share fell short of the $2.83 consensus forecast. Despite the earnings miss and other signs of slowing, such as an 18.9% year-over-year drop in its project backlog, investors seemingly focused on the positives. A key highlight was the company's robust cash generation, with its free cash flow margin increasing to 16% from 11% in the prior year's quarter. The market's positive reaction suggests the significant revenue beat and strong cash flow were enough to overshadow the weaker earnings and declining future orders. After the initial pop the shares cooled down to $127.47, up 3.4% from previous close. Is now the time to buy PulteGroup? Access our full analysis report here, it's free PulteGroup's shares are somewhat volatile and have had 11 moves greater than 5% ov Show less Read more
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