earnings
confidence high
sentiment neutral
materiality 0.75
PulteGroup Q1 EPS $2.57 vs $3.10; revenue $3.7B down 2%; orders decline 7%
PULTEGROUP INC/MI/
2025-Q1 EPS reported
$2.57
revenue$3,892,650,000
- Net income of $523M ($2.57 per share) vs prior year $663M ($3.10) which included one-time gains.
- Home sale revenues $3.7B; gross margin 27.5% (down 210 bps YoY) on 6,583 closings.
- Net new orders 7,765 homes ($4.5B value) down from 8,379; average communities up 3% to 961.
- Repurchased $300M in shares; quarter-end cash $1.3B; debt-to-capital 11.7%.
- Backlog 11,335 homes ($7.2B); CEO cites affordability challenges but remains constructive on demand.