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PulteGroup misses Q3 earnings and lowers annual home delivery guidance

The Wall Street Journal +3 ·

PHM
PHM PulteGroup Inc
$119.48 +5.84%
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  1. 1PulteGroup recorded Q3 revenue of $3.974 billion.
  2. 2PulteGroup's net income showed a 14.5% decrease compared to last year.
  3. 3PulteGroup lowered its annual home delivery guidance to 27,000-27,500 units.

So what's the key point?

PulteGroup's Q3 revenue was $3.974 billion, and profits decreased. The company also lowered its annual home delivery target, so investors should be cautious.

Source The Wall Street Journal +3 · View original ↗

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