Will PulteGroup (PHM) Beat Estimates Again in Its Next Earnings Report?

Core Insights - PulteGroup has consistently beaten earnings estimates, with an average surprise of 9.80% over the last two quarters [1][2] - The company reported earnings of $3.35 per share for the most recent quarter, exceeding the expected $3.10 per share, resulting in a surprise of 8.06% [2] - For the previous quarter, PulteGroup's earnings were $3.58 per share against an estimate of $3.21 per share, leading to a surprise of 11.53% [2] Earnings Estimates and Predictions - Estimates for PulteGroup have been trending higher due to its history of earnings surprises, indicating positive analyst sentiment [3] - The stock has a positive Zacks Earnings ESP of +2.36%, suggesting bullish expectations for future earnings [6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat [6][4] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [4] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5] Upcoming Earnings - PulteGroup's next earnings report is expected to be released on January 30, 2025 [6]