PulteGroup Q4 EPS $3.28 Beats $3.22 Estimate, Sales $4.29B Miss $4.48B Estimate
Portfolio Pulse from Benzinga Newsdesk
PulteGroup (NYSE:PHM) reported Q4 earnings per share (EPS) of $3.28, surpassing the analyst consensus estimate of $3.22. However, the company's quarterly sales of $4.29 billion fell short of the expected $4.48 billion. Compared to the same quarter last year, EPS decreased by 9.64%, and sales dropped by 16.97%.
January 30, 2024 | 11:32 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
PulteGroup's Q4 EPS exceeded estimates, but sales underperformed, indicating mixed financial health. The year-over-year decline in both EPS and sales may concern investors.
While the EPS beat may provide some positive sentiment, the miss on sales and the year-over-year declines in both EPS and sales could lead to a neutral short-term impact on PulteGroup's stock price as investors digest the mixed results.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100