WASHINGTON (dpa-AFX) - PulteGroup, Inc. (PHM) revealed a profit for its third quarter that increased from last year.
The company's bottom line totaled $289.54 million, or $1.01 per share. This compares with $177.54 million, or $0.58 per share, in last year's third quarter.
Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 24.4% to $2.65 billion from $2.13 billion last year.
PulteGroup, Inc. earnings at a glance:
-Earnings (Q3): $289.54 Mln. vs. $177.54 Mln. last year. -EPS (Q3): $1.01 vs. $0.58 last year. -Analysts Estimate: $0.95 -Revenue (Q3): $2.65 Bln vs. $2.13 Bln last year.
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