PulteGroup (PHM) Q2 Earnings & Revenues Top, Margins Rise Y/Y
PHMPulteGroup(PHM) ZACKS·2024-07-24 01:41

PulteGroup Inc. (PHM) reported stellar results in second-quarter 2024, wherein earnings and revenues handily beat the Zacks Consensus Estimate.In the second quarter of 2024, PulteGroup saw significant benefits from key factors driving its success. The company's balanced operating model resulted in increases in closings, average sales price, and gross margin, which collectively led to a 19.3% increase in earnings per share (EPS). Strong cash flows provided the flexibility to invest in business growth, return ...