Key Takeaways PHM beat Q4 EPS and revenue estimates, though both declined year over year amid margin pressure.Elevated incentives, cost inflation and land impairments drove a 280 bps drop in gross margin.Net new orders rose 4% as higher community count offset softer deliveries and cautious demand.PulteGroup (PHM) reported better-than-expected fourth-quarter 2025 results, with adjusted earnings and revenues surpassing the Zacks Consensus Estimate, though both metrics declined year over year amid continued af ...