PulteGroup (PHM) Q4 Earnings and Revenues Surpass Estimates

Core Viewpoint - PulteGroup reported quarterly earnings of $3.50 per share, exceeding the Zacks Consensus Estimate of $3.24 per share, and showing an increase from $3.28 per share a year ago, indicating a strong performance in the homebuilding sector [1][2]. Financial Performance - The company achieved revenues of $4.92 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.57%, compared to $4.29 billion in the same quarter last year [2]. - Over the last four quarters, PulteGroup has consistently exceeded consensus EPS estimates, achieving this four times [2]. Stock Performance - PulteGroup shares have increased approximately 3.8% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.91 on revenues of $4.19 billion, and for the current fiscal year, it is $13.34 on revenues of $18.72 billion [7]. - The trend of estimate revisions for PulteGroup is mixed, which may change following the recent earnings report [6]. Industry Context - The Building Products - Home Builders industry is currently ranked in the bottom 14% of over 250 Zacks industries, suggesting potential challenges ahead [8]. - The performance of PulteGroup may be influenced by the overall outlook of the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8].