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PulteGroup, Inc. Q3 adjusted earnings Beat Estimates

PulteGroup, Inc. (PHM) revealed earnings for third quarter that fell from last year.

The company's bottom line came in at $273.10 million, or $0.99 per share. This compares with $289.54 million, or $1.01 per share, in last year's third quarter.

Excluding items, PulteGroup, Inc. reported adjusted earnings of $279.83 million or $1.01 per share for the period.

Analysts had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.3% to $2.71 billion from $2.65 billion last year.

PulteGroup, Inc. earnings at a glance:

-Earnings (Q3): $279.83 Mln. vs. $289.55 Mln. last year.
-EPS (Q3): $1.01 vs. $1.01 last year.
-Analysts Estimate: $0.92
-Revenue (Q3): $2.71 Bln vs. $2.65 Bln last year.

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