PulteGroup GAAP EPS of $2.48 beats by $0.12, revenue of $3.98B beats by $10M

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PultPulteGroup press release (PHM): Q2 GAAP EPS of $2.48 beats by $0.12. Revenue of $3.98B (-9.5% Y/Y) beats by $10M. Home Sale Gross Margin of 25.0%. Net New Orders Increased 6% Over

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PulteGroup reported Q2 GAAP EPS of $2.48 and revenue of $3.98 billion, beating market expectations by $0.12 and $10 million, respectively. Home sale gross margin came in at 25.0%, and net new orders increased by 6% year-over-year. This strong performance proves robust demand in the housing market, sending a positive signal to related sectors. Investors should pay attention to homebuilders' profit resilience and order growth.

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