PulteGroup Stock Gains After Q2 Earnings and Revenue Beat
Key Takeaways PHM posted Q2 EPS of 4.4B, both surpassing the Zacks Consensus Estimate. Home closings dropped 5.7% and net new orders fell 7.4% year over year in the second quarter. CEO highlights market challenges but sees opportunity amid improved consumer sentiment on rate dips.PulteGroup Inc. (PHM) has reported better-than-expected second-quarter 2024 results, wherein adjusted earnings and total revenues handily beat the Zacks Consensus Estimate.CEO Ryan Marshall noted that while ...