Plus   Neg

PulteGroup, Inc. Announces Gain In Q3 Profit

PulteGroup, Inc. (PHM) revealed a profit for its third quarter that increased from last year.

The company's bottom line totaled $289.54 million, or $1.01 per share. This compares with $177.54 million, or $0.58 per share, in last year's third quarter.

Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.4% to $2.65 billion from $2.13 billion last year.

PulteGroup, Inc. earnings at a glance:

-Earnings (Q3): $289.54 Mln. vs. $177.54 Mln. last year.
-EPS (Q3): $1.01 vs. $0.58 last year.
-Analysts Estimate: $0.95
-Revenue (Q3): $2.65 Bln vs. $2.13 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT