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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.
PulteGroup
PulteGroup
PulteGroup 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.