PulteGroup (PHM) Q1 Earnings and Revenues Beat Estimates

PulteGroup (PHM) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.47 per share. This compares to earnings of $2.87 per share a year ago. These figures are adjusted for non- recurring items. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of ...