Homebuilder PulteGroup Inc. (NYSE:PHM) reported strong financial results for the third quarter of 2025.

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The company posted adjusted earnings of $2.96 per share, beating the consensus estimate of $2.90. Revenue was $4.40 billion, a decrease of 2% year over year, but it surpassed the analysts' expectations of $4.29 billion.

The SG&A ratio stood at 9.4%, which is the same as last year. Financial services pre-tax income declined to $44 million from $55 million a year ago due to lower closings.

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Lower profit was driven primarily by lower closing volumes ...