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Sep 30, 2020
PulteGroup Q3 2020 Earnings Report
PulteGroup reported strong Q3 2020 financial results driven by increased housing demand and successful execution of business objectives.
Key Takeaways
PulteGroup reported a net income of $416 million, or $1.54 per share, for the third quarter of 2020. Adjusted net income increased 33% to $1.34 per share. Net new orders increased 36% to 8,202 homes, and home sale revenues increased 7% to $2.8 billion.
Net income was $1.54 per share.
Adjusted net income increased 33% to $1.34 per share.
Net new orders increased 36% to 8,202 homes; net new order value increased 43% to $3.6 billion.
Home sale revenues increased 7% to $2.8 billion.
Revenue by Segment
Forward Guidance
This release includes forward-looking statements that are subject to risks, uncertainties, and other factors. These factors could cause actual results to differ materially from those expressed or implied in the statements.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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