We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
PulteGroup Inc. (PHM - Free Report) is one of the leading homebuilders in the United States. The company caters to all major customer segments: first-time, move-up and active adult, in several markets across the United States. The brand portfolio under the segment includes Centex, Pulte Homes, Del Webb, DiVosta Homes and John Wieland Homes and Neighborhoods.
Investors should also note that 2018 earnings estimate for PHM have remained stable over the last 30 days. However, PHM has a positive earnings history. The homebuilding company has posted positive earnings surprise in all of the past four quarters, with an average positive surprise of 4.5%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: PulteGroup’s adjusted earnings surpassed analysts’ expectations. The Zacks Consensus Estimate called for EPS of 44 cents per share, and the company reported earnings of 59 cents.
Revenues: PulteGroup reported revenues of $1.97 billion, that surpassed the consensus estimate of $1.84 billion.
Key Stats to Note: Net new orders increased 12% to 6,875 homes in the quarter.
Check back later for our full write up on this PulteGroup earnings report later!
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
PulteGroup (PHM) Tops Q1 Earnings & Revenue Estimates
PulteGroup Inc. (PHM - Free Report) is one of the leading homebuilders in the United States. The company caters to all major customer segments: first-time, move-up and active adult, in several markets across the United States. The brand portfolio under the segment includes Centex, Pulte Homes, Del Webb, DiVosta Homes and John Wieland Homes and Neighborhoods.
Investors should also note that 2018 earnings estimate for PHM have remained stable over the last 30 days. However, PHM has a positive earnings history. The homebuilding company has posted positive earnings surprise in all of the past four quarters, with an average positive surprise of 4.5%.
Currently, PulteGroup has a Zacks Rank #3 (Hold), but that could definitely change following PulteGroup earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: PulteGroup’s adjusted earnings surpassed analysts’ expectations. The Zacks Consensus Estimate called for EPS of 44 cents per share, and the company reported earnings of 59 cents.
Revenues: PulteGroup reported revenues of $1.97 billion, that surpassed the consensus estimate of $1.84 billion.
Key Stats to Note: Net new orders increased 12% to 6,875 homes in the quarter.
PulteGroup, Inc. Price and EPS Surprise
PulteGroup, Inc. Price and EPS Surprise | PulteGroup, Inc. Quote
Check back later for our full write up on this PulteGroup earnings report later!
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>