PulteGroup Inc. (PHM)
Are Investors Undervaluing PulteGroup (PHM) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PulteGroup (PHM) Q2 Earnings & Revenues Top, Margins Rise Y/Y
PulteGroup's (PHM) second-quarter 2024 results reflect strong deliveries, pricing and improved margins.
PulteGroup: Look Past Softer Orders In Q2
PulteGroup, Inc. has seen a strong performance in the past year, with shares rising over 55% amid a resilient housing market. Despite reporting solid earnings, shares dropped 2% likely due to profit taking after a strong rally given somewhat slower orders, which may prove transitory. PulteGroup's diverse business and buyer base, along with strong backlog and operating leverage, position it for profit growth and potential multiple expansion.
PulteGroup Inc. (PHM) Q2 2024 Earnings Call Transcript
PulteGroup Inc. (NYSE:PHM ) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants James Zeumer - Vice President, Investor Relations Ryan Marshall - President and Chief Executive Officer Robert O'Shaughnessy - Executive Vice President and Chief Financial Officer James Ossowski - Senior Vice President, Finance Conference Call Participants Stephen Kim - Evercore ISI John Lovallo - UBS Anthony Pettinari - Citi Michael Rehaut - JPMorgan Rafe Jadrosich - Bank of America Alan Ratner - Zelman & Associates Sam Reid - Wells Fargo Michael Dahl - RBC Capital Markets Susan Maklari - Goldman Sachs Operator Thank you for standing by and welcome to the PulteGroup's Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
Compared to Estimates, PulteGroup (PHM) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for PulteGroup (PHM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
PulteGroup (PHM) Q2 Earnings and Revenues Beat Estimates
PulteGroup (PHM) came out with quarterly earnings of $3.58 per share, beating the Zacks Consensus Estimate of $3.21 per share. This compares to earnings of $3 per share a year ago.
Builder Stocks Are Riding High. What to Watch With Pulte's Earnings.
PulteGroup is expected to beat estimates when it reports second-quarter earnings on Tuesday, according to FactSet.
PulteGroup (PHM) Q2 Home Sales to Grow Despite Rate Woes
Prudent strategies are expected to have aided PulteGroup (PHM) in the second quarter. Yet, higher operating expenses are likely to have weighed on quarterly results.
PulteGroup (PHM) Stock Before Q2 Earnings: Buy, Sell, or Hold?
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.
Investors Heavily Search PulteGroup, Inc. (PHM): Here is What You Need to Know
Zacks.com users have recently been watching PulteGroup (PHM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Zacks Industry Outlook D.R. Horton, PulteGroup, Meritage Homes, KB Home and M/I Homes
D.R. Horton, PulteGroup, Meritage Homes, KB Home and M/I Homes have been highlighted in this Industry Outlook article.
PulteGroup (PHM) Stock Declines While Market Improves: Some Information for Investors
PulteGroup (PHM) concluded the recent trading session at $116.24, signifying a -0.08% move from its prior day's close.
