secwatch.observer — SEC 8-K summary
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Issuer:     PULTEGROUP INC/MI/ (PHM)
CIK:        0000822416
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0000822416-22-000036
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PulteGroup Q2 EPS $2.73, up 59% over adj. prior; orders -23%
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- Net income $652M ($2.73 diluted EPS); prior year adjusted EPS was $1.72.
- Home sale revenues $3.8B (+18% YoY); closings 7,177 (flat); avg price $531K (+19%).
- Gross margin 30.9% (+430 bps YoY, +190 bps QoQ); SG&A 9.2% of revenues.
- Net new orders 6,418 (-23% YoY); cancellation rate 15% vs 7%; backlog value $11.6B (+18%).
- Share repurchases $294M (7.1M shares); debt-to-capital 20.8%; cash $732M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822416/000082241622000036/0000822416-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822416/000082241622000036/phm-20220726.htm
  HTML page:      https://secwatch.observer/filing/0000822416-22-000036

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