PulteGroup Earnings Preview
Portfolio Pulse from Benzinga Insights
PulteGroup is set to announce its quarterly earnings on October 22, 2024, with analysts estimating an EPS of $3.13. Despite a history of EPS beats, past earnings announcements have led to share price declines. Analysts rate PulteGroup as 'Outperform' with a price target suggesting a slight downside. The company shows strong revenue growth and profitability but has a lower return on equity compared to peers.
October 21, 2024 | 4:01 pm
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PulteGroup is expected to announce its earnings with an estimated EPS of $3.13. Despite past EPS beats, share prices have historically declined post-announcement. Analysts rate it 'Outperform' with a slight downside in price target.
PulteGroup's upcoming earnings announcement is crucial for investors. Despite past EPS beats, share prices have declined, indicating market expectations may not align with actual performance. The 'Outperform' rating and slight downside in price target suggest mixed sentiments. The company's strong revenue growth and profitability are positive, but the lower ROE compared to peers is a concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100