secwatch.observer — SEC 8-K summary
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Issuer:     PULTEGROUP INC/MI/ (PHM)
CIK:        0000822416
Form:       8-K
Filed at:   2021-07-27T23:59:59+00:00
Accession:  0000822416-21-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PulteGroup Q2 EPS $1.90, revenue up 31% to $3.2B; orders surge 28%
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- Reported net income $503M ($1.90/sh); adjusted $456M ($1.72/sh) vs $1.29/sh prior year.
- Home sale revenues $3.2B (+31% YoY); closings 7,232 homes (+22%); avg price $447K (+7%).
- Homebuilding gross margin 26.6% (+270 bps YoY; +110 bps from Q1 2021).
- Net new orders 8,322 homes (+28%); backlog value $9.8B (+70%) representing 20,056 homes.
- Repurchased $200M of stock; net debt-to-capital ratio improved to 4.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822416/000082241621000026/0000822416-21-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822416/000082241621000026/phm-20210727.htm
  HTML page:      https://secwatch.observer/filing/0000822416-21-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer