WASHINGTON (dpa-AFX) - PulteGroup, Inc. (PHM) released earnings for its fourth quarter that advanced from last year.
The company said its bottom line climbed to $228.03 million, or $0.64 per share. This was higher than $217.10 million, or $0.58 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.49 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 13.2% to $2.06 billion. This was up from $1.82 billion last year.
PulteGroup, Inc. earnings at a glance:
-Earnings (Q4): $228.03 Mln. vs. $217.10 Mln. last year. -Earnings Growth (Y-o-Y): 5.0% -EPS (Q4): $0.64 vs. $0.58 last year. -EPS Growth (Y-o-Y): 10.3% -Analysts Estimate: $0.49 -Revenue (Q4): $2.06 Bln vs. $1.82 Bln last year. -Revenue Change (Y-o-Y): 13.2%
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