PulteGroup Gains From Prudent Land Spending, Diverse Buyers

Prudent land-acquisition strategies, diverse buyer group together with solid housing industry fundamentals bode well for PulteGroup Inc. PHM. Not long ago, this Atlanta, GA-based homebuilder reported impressive first-quarter 2018 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. The quarterly earnings of the company reflect a solid 111% year-over-year jump propelled by higher demand, courtesy of favorable U.S. housing market dynamics backed by an improving economy and job market.


Source: Nasdaq

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