PulteGroup's Earnings Don't Show Any Sign of a Slowing Housing Market
Another quarter of favorable market conditions for homebuilders is in the books, and PulteGroup (NYSE: PHM) took full advantage of the situation to post better than expected quarterly earnings, even though revenue came in slightly lower than expected.
Here's a look at the company's most recent results and why investors can reasonably assume that things will likely improve from here.
Image source: Getty Images.
Source: Fool.com
Pulte Group Inc. Stock
€123.52
0.290%
With 23 Buy predictions and not a single Sell prediction Pulte Group Inc. is an absolute favorite of our community.
With a target price of 126 € there is a slightly positive potential of 2.01% for Pulte Group Inc. compared to the current price of 123.52 €.