PulteGroup (NYSE:PHM) Full Year 2024 Results

Key Financial Results

• Revenue: US$17.9b (up 12% from FY 2023).
• Net income: US$3.08b (up 19% from FY 2023).
• Profit margin: 17% (up from 16% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$14.82 (up from US$11.79 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

PulteGroup Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.5%.

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the US.

Performance of the American Consumer Durables industry.

The company's shares are up 1.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for PulteGroup you should be aware of.

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