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Dec 31, 2022
PulteGroup Q4 2022 Earnings Report
Net income increased driven by closings and margin expansion.
Key Takeaways
PulteGroup reported a strong fourth quarter with net income increasing 48% to $3.85 per share and adjusted net income increasing 45% to $3.63 per share. Closings increased 3% to 8,848 homes, and home sale revenues increased 20% to $5.1 billion. The homebuilding gross margin increased 200 basis points to 28.8%.
Net income increased 48% to $3.85 per share.
Adjusted net income increased 45% to $3.63 per share.
Closings increased 3% to 8,848 homes.
Home sale revenues increased 20% to $5.1 billion.
PulteGroup
PulteGroup
PulteGroup Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this release.