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Compared to Estimates, PulteGroup (PHM) Q1 Earnings: A Look at Key Metrics

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For the quarter ended March 2026, PulteGroup (PHM - Free Report) reported revenue of $3.41 billion, down 12.4% over the same period last year. EPS came in at $1.79, compared to $2.57 in the year-ago quarter.

The reported revenue represents a surprise of +0.7% over the Zacks Consensus Estimate of $3.38 billion. With the consensus EPS estimate being $1.80, the EPS surprise was -0.74%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how PulteGroup performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Average selling price - Total: $542.00 versus $554.35 estimated by four analysts on average.
  • Net new orders - units - Total: 8,034 versus the four-analyst average estimate of 8,057.
  • Unit backlog - Total: 10,427 versus the four-analyst average estimate of 10,655.
  • Closings (units) - Total: 6,102 compared to the 5,897 average estimate based on four analysts.
  • Average active communities: 1,043 versus 1,000 estimated by three analysts on average.
  • Net new orders - dollars - Total: $4.57 billion versus $4.41 billion estimated by two analysts on average.
  • Backlog dollars - Total: $6.53 billion compared to the $6.51 billion average estimate based on two analysts.
  • Revenues- Homebuilding- Home sale revenues: $3.31 billion compared to the $3.26 billion average estimate based on five analysts. The reported number represents a change of -11.8% year over year.
  • Revenues- Financial Services: $71.75 million compared to the $80.92 million average estimate based on five analysts. The reported number represents a change of -21% year over year.
  • Revenues- Homebuilding: $3.34 billion compared to the $3.3 billion average estimate based on five analysts. The reported number represents a change of -12.2% year over year.
  • Revenues- Homebuilding- Land sale and other revenues: $29.32 million compared to the $48.83 million average estimate based on four analysts. The reported number represents a change of -44.2% year over year.
  • Income / (loss) before income taxes- Financial Services: $12.58 million versus the four-analyst average estimate of $32.65 million.

View all Key Company Metrics for PulteGroup here>>>

Shares of PulteGroup have returned +7.9% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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