In its upcoming report, PulteGroup (PHM) is predicted by Wall Street analysts to post quarterly earnings of $3.20 per share, reflecting a decline of 11.9% compared to the same period last year. Revenues are forecasted to be $4.48 billion, representing a year-over-year decrease of 13.3%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during t ...

PulteGroup Inc. (PHM) is scheduled to report fourth-quarter 2023 results on Jan 30, before the opening bell.In the last reported quarter, the company’s earnings per share (EPS) beat the Zacks Consensus Estimate by 4.3% but revenues missed the same by 1%. Adjusted EPS and revenues increased 7.8% and 2.8% on a year-over-year basis, respectively.PulteGroup’s earnings topped the consensus mark in all the trailing four quarters, the average surprise being 21%.Trend in Estimate RevisionThe Zacks Consensus Estimat ...

The market expects PulteGroup (PHM) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about PulteGroup (PHM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.PulteGroup currently has an aver ...

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PulteGroup (PHM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this homebuilder have returned +2.4%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Building Products - Home Builders industry, which PulteGroup falls in, has gained 9%. The key question now is: What could be the stock's future direction?Althoug ...

PulteGroup (PHM) closed the most recent trading day at $103.31, moving -0.4% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.15%. Meanwhile, the Dow lost 0.42%, and the Nasdaq, a tech-heavy index, added 0.09%.Prior to today's trading, shares of the homebuilder had gained 8% over the past month. This has outpaced the Construction sector's gain of 5.37% and the S&P 500's gain of 3.5% in that time.Investors will be eagerly watching for the performance of Pul ...

PulteGroup (PHM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this homebuilder have returned +8.7% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Building Products - Home Builders industry, to which PulteGroup belongs, has gained 11.8% over this period. Now the key question is: Where could the stock be headed in the ne ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and ...

PulteGroup Inc. (NYSE:PHM) Q3 2023 Earnings Conference Call October 24, 2023 8:30 AM ET Company Participants Ryan Marshall - President, Chief Executive Officer Robert O’Shaughnessy - Executive Vice President, Chief Financial Officer James Zeumer - Vice President, Investor Relations and Corporate Communications Conference Call Participants Carl Reichardt - BTIG Matthew Bouley - Barclays Michael Rehaut - JP Morgan Joe Ahlersmeyer - Deutsche Bank Stephen Kim - Evercore ISI Ken Zener - Seaport Research Partners ...