PulteGroup Reports $3.97B in Third-Quarter Revenue
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10:48:32 AM UTC
SquawkNews
By Rob CurranPulteGroup's third-quarter net income and revenue fell sharply as elevated mortgage rates slowed sales of its luxury homes and weighed on prices.The Atlanta home builder posted earnings of $475.7 million, or $2.53 a share, down from $585.8 million, or $2.96 a share, a year earlier. Ear…
10:48:32 AM UTC
SquawkNews
WASHINGTON (dpa-AFX) - PulteGroup, Inc. (PHM) reported earnings for third quarter that Dropped, from last yearThe company's bottom line came in at $475.727 million, or $2.53 per share. This compares with $585.834 million, or $2.96 per share, last year.The company's revenue for the period fell 9.8…