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PulteGroup's Earnings Don't Show Any Sign of a Slowing Housing Market


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.

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Source: Fool.com

Pulte Group Inc. Stock

€123.52
0.290%
The Pulte Group Inc. stock is trending slightly upwards today, with an increase of €0.36 (0.290%) compared to yesterday's price.
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 €.
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