PulteGroup Analysts Increase Their Forecasts After Better-Than-Expected Q2 Earnings
1. PulteGroup reported EPS of $3.03, exceeding expectations. 2. Revenue was $4.40 billion, slightly below consensus. 3. Net new orders declined to 7,083 from 7,649 year-over-year. 4. Backlog stood at 10,779 homes, valued at $6.8 billion. 5. Analysts raised price targets; overall sentiment remains positive despite order decline.