PulteGroup Clocks 18% Revenue Growth In Q3, EPS Matches Street View
PulteGroup, Inc. (NYSE:PHM) reported third-quarter FY21 total revenue growth of 18% year-over-year to $3.479 billion, missing the consensus of $3.51 billion.…
Recap: PulteGroup Q3 Earnings
PulteGroup (NYSE:PHM) reported its Q3 earnings results on Tuesday, October 26, 2021 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
PulteGroup missed their estimated earnings by 0.0%, which did not surprise analysts.
PulteGroup Q3 EPS $1.82, Inline, Sales $3.30B Miss $3.51B Estimate
PulteGroup (NYSE:PHM) reported quarterly earnings of $1.82 per share which met the analyst consensus estimate. This is a 35.82 percent increase over earnings of $1.34 per share from the same period last year. The
Earnings Scheduled For October 26, 2021
Companies Reporting Before The Bell
• Veoneer (NYSE:VNE) is likely to report quarterly loss at $0.83 per share on revenue of $408.69 million.
Earnings Outlook For PulteGroup
PulteGroup (NYSE:PHM) is set to give its latest quarterly earnings report on Tuesday, 2021-10-26. Here's what investors need to know before the announcement.
Analysts estimate that PulteGroup will likely report an Earnings Per Share (EPS) of $1.82
This Foreboding Sign Looms Over PulteGroup’s Chart
If history is any guide, there may be trouble ahead for shares of PulteGroup(NYSE:PHM). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
A Look Into Consumer Cyclical Sector Value Stocks
Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Citigroup Maintains Buy on PulteGroup, Lowers Price Target to $56
Citigroup analyst Anthony Pettinari maintains PulteGroup (NYSE:PHM) with a Buy and lowers the price target from $63 to $56.
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