WASHINGTON (dpa-AFX) - PulteGroup, Inc. (PHM) revealed a profit for its third quarter that climbed from last year.
The company said its bottom line climbed to $128.47 million, or $0.37 per share. This was higher than $107.77 million, or $0.30 per share, in last year's third quarter.
Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 28.5% to $1.94 billion. This was up from $1.51 billion last year.
PulteGroup, Inc. earnings at a glance:
-Earnings (Q3): $128.47 Mln. vs. $107.77 Mln. last year. -Earnings Growth (Y-o-Y): 19.2% -EPS (Q3): $0.37 vs. $0.30 last year. -EPS Growth (Y-o-Y): 23.3% -Analysts Estimate: $0.44 -Revenue (Q3): $1.94 Bln vs. $1.51 Bln last year. -Revenue Change (Y-o-Y): 28.5%
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