Pulte Homes Inc. (PHM) reported a fourth-quarter net loss of $116.9 million or $0.31 per share, compared to a net loss of $338.17 million or $1.33 per share in the year ago quarter. The latest quarter result includes significant charges of approximately $925 million. The prior year quarter result included goodwill impairments and land-related charges of $386 million and an income tax benefit of $142 million.
Consolidated revenue for the quarter was $1.73 billion, compared to $1.64 billion in the year ago quarter. Fourth quarter 2009 net new home orders, inclusive of Centex operations for the entire period, increased 113% to 3,748 homes compared with prior year orders of 1,763 homes.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.19 per share on revenues of $1.50 billion for the quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.