PulteGroup Earnings Preview

PulteGroup (NYSE:PHM) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release.

Analysts are estimating that PulteGroup will report an earnings per share (EPS) of $3.13.

Investors in PulteGroup are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.31, leading to a 2.47% drop in the share price on the subsequent day.

Here's a look at PulteGroup's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

3.27

2.36

3.22

2.84

EPS Actual

3.58

2.87

3.28

2.90

Price Change %

-2.0%

-0.0%

-1.0%

-1.0%

Stock Performance

Shares of PulteGroup were trading at $149.04 as of October 18. Over the last 52-week period, shares are up 102.58%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about PulteGroup

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on PulteGroup.

PulteGroup has received ...