Beats revenue and earnings expectations
By Brena Swanson | HousingWire
After an unusually public, and still ongoing, battle over the questionable leadership of the homebuilder’s executive team, PulteGroup’s first-quarter earnings on Thursday hold an intense amount of value and potential for scrutiny.
Despite calls on poor company decisions, the earnings show the company faired quite well in the first quarter, beating revenue and earnings per share expectations.
Total revenue hit $1.43 billion, more than $70 million above expectations, while earnings per share hit $0.24, more than $0.04 above expectations.