PulteGroup Q3 Net Income Falls 19% to $475.73 Million
Bitget2026/10/22 10:32- PulteGroup's third-quarter 2026 diluted earnings fell 15% year over year to $2.53 per share.
- Home sale revenues dropped 9% to $3.9 billion, reflecting a 9% decline in closings to 6,876 homes.
- Home sale gross margin narrowed to 24.8%, including $26 million in land impairments.
- Net new orders declined 6% to 6,208 homes, while backlog reached 10,298 homes.
- CEO Ryan Marshall said rising interest rates stretched affordability further and pushed more consumers to the sidelines.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Updated version 2-BP reports the highest net profit in at least five years
AstraZeneca (AZN.US) Q3 profit growth surpasses expectations, driven mainly by oncology drugs
AstraZeneca (AZN.US) released its Q3 2026 results on October 30th. At constant exchange rates (CER), total revenue for the quarter increased by 7% year-on-year to $16.209 billions.
BP.US Q3 profits soar to 18-year high: Refining business becomes 'money-printing machine', CEO's reforms encounter strong tailwind
Benefiting from a surge in refining profit margins, BP's quarterly profit jumped to its highest level in 18 years.
Australian Dollar: Bias shifts back to neutral against US Dollar – UOB
Crypto prices
More
