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


RTTNews | Oct 26, 2021 06:42AM EDT

06:41 Tuesday, October 26, 2021 (RTTNews.com) - PulteGroup, Inc. (PHM) revealed a profit for its third quarter that increased from the same period last year.

The company's bottom line totaled $475.55 million, or $1.82 per share. This compares with $416.40 million, or $1.54 per share, in last year's third quarter.

Excluding items, PulteGroup, Inc. reported adjusted earnings of $475.55 million or $1.82 per share for the period.

Analysts had expected the company to earn $1.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.0% to $3.48 billion from $2.95 billion last year.

PulteGroup, Inc. earnings at a glance:

-Earnings (Q3): $475.55 Mln. vs. $363.19 Mln. last year.-EPS (Q3): $1.82 vs. $1.34 last year.-Analysts Estimate: $1.79-Revenue (Q3): $3.48 Bln vs. $2.95 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3235499/pultegroup-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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