Business Insider
Homebuilding giant PulteGroup reported Q3 net income of $117 million or $0.30 per share. This was a big improvement from last year’s $0.34 net loss.
Analysts were looking for just $0.20 per share.
Net new orders jumped 27% to 4,544 homes.
In the company’s press release, CEO Richard Dugas reiterates his bullishness on housing. But he also emphasizes its impact for the rest of the economy:
Also: Meritage stock tumbles despite bump in revenue, home orders/Phoenix Business Journal
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