secwatch.observer — SEC 8-K summary
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Issuer:     PULTEGROUP INC/MI/ (PHM)
CIK:        0000822416
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0000822416-21-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PulteGroup Q3 EPS $1.82 beats adjusted prior-year $1.34; home sale revenues up 18% to $3.3B
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- GAAP EPS $1.82 vs $1.54 YoY; adjusted EPS $1.34 in prior year; net income $476M.
- Home sale revenues $3.3B (+18%) on 7,007 closings (+9%); average price $474K (+8%).
- Homebuilding gross margin 26.5%, up 200 bps YoY; SG&A ratio 9.6% unchanged.
- Net new orders 6,796 (-17%) reflecting lower community count and sales pace management; backlog value $10.3B (+56%).
- Repurchased 5.1M shares ($261M, 2% of outstanding); cash $1.6B; debt-to-capital 22.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822416/000082241621000038/0000822416-21-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822416/000082241621000038/phm-20211026.htm
  HTML page:      https://secwatch.observer/filing/0000822416-21-000038

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