Categories Earnings, Industrials

PulteGroup, Inc. (PHM): Q4 2019 Earnings Snapshot

—  PulteGroup, Inc. (NYSE: PHM) reported earnings of $1.14 per share in the fourth-quarter 2019, vs. $0.1.09 per share expected.

— Total revenue edged up 0.6% $3.02 billion, vs. $2.98 billion expected. Home sale revenues for Q4 increased 1% to $2.9 billion, reflecting a 2% spike in closings to 6,822 homes, partially offset by about a 1% decrease in ASP.

— Net new orders for the quarter increased 33%, while unit backlog rose 20%.

— Acquired the assets of Innovative Construction Group (ICG), an off-site solutions provider. ICG will remain a stand-alone operation.

— PHM stock ended its last trading session up 1.35% on Monday.  

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO

Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top