PulteGroup Earnings, Revenue beat In Q1
Investing.com - PulteGroup (NYSE: PHM ) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PulteGroup announced earnings per share of $1.83 on revenue of $3.19B. Analysts polled by Investing.com anticipated EPS of $1.73 on revenue of $3.07B.
PulteGroup shares are down 27% from the beginning of the year and are trading at $42.10 , down-from-52-week-high.They are under-performing the S&P 500 which is down 12.22% from the start of the year.
PulteGroup shares gained 1.08% in pre-market trade the report.
PulteGroup follows other major Consumer Discretionary sector earnings this month
PulteGroup's report follows an earnings beat by Tesla on Wednesday, April 20, 2022, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.
McDonald’s had beat expectations on Thursday with first quarter EPS of $2.28 on revenue of $5.67B, compared to forecast for EPS of $2.17 on revenue of $5.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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