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Mar 31, 2024
PulteGroup Q1 2024 Earnings Report
PulteGroup reported Q1 2024 financial results with increased earnings and home sale revenues.
Key Takeaways
PulteGroup reported strong Q1 2024 financial results, including record home sale revenues, gross margins, and earnings per share. Net income increased by 32% to $3.10 per share, and home sale revenues rose by 10% to $3.8 billion. The company benefited from favorable demand conditions and a balanced operating model.
Earnings Increased 32% to $3.10 Per Share
Home Sale Revenues Increased 10% to $3.8 Billion
Closings Increased 11% to 7,095 Homes
Net New Orders Increased 14% to 8,379 Homes
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
This release includes “forward-looking statements.” These statements are subject to a number of risks, uncertainties and other factors that could cause our actual results, performance, prospects or opportunities, as well as those of the markets we serve or intend to serve, to differ materially from those expressed in, or implied by, these statements.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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