PulteGroup (PHM) Stock Before Q2 Earnings: Buy, Sell, or Hold?
PulteGroup(PHM) ZACKS·2024-07-20 00:50
PulteGroup Inc. (PHM) is scheduled to report second-quarter 2024 results on Jul 23, before the opening bell.In the first quarter of 2024, PulteGroup demonstrated strong resilience in a high-rate environment. The company exceeded expectations with a 21.6% beat in earnings per share (EPS) and 10.1% in revenues. Year over year, adjusted EPS and revenues grew 22.1% and 10.4%, respectively. Despite market challenges, PulteGroup saw a 14% rise in net orders, increased net pricing in half of its communities, and a ...