Pulte CEO bullish on the economy

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:

Continued: 

Also: Meritage stock tumbles despite bump in revenue, home orders/Phoenix Business Journal

 

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