Unveiling PulteGroup (PHM) Q3 Outlook: Wall Street Estimates for Key Metrics

Core Insights - Analysts forecast PulteGroup (PHM) will report quarterly earnings of $3.10 per share, reflecting a year-over-year increase of 6.9$4.26 billion, an increase of 6.4% compared to the previous year [1] Financial Projections - Consensus estimates for 'Homebuilding- Home sale revenues' are projected to reach $4.14 billion, indicating a year-over-year change of +6.6$86.49 million, showing a +12.7% change from the prior-year quarter [2] - 'Revenues- Homebuilding' is anticipated to reach $4.17 billion, reflecting a +6.2$34.88 million, indicating a year-over-year decline of -12.6% [3] - The 'Average Selling Price - Total' is expected to be $546.01, slightly down from$549 in the previous year [3] - 'Net New Orders in Units - Total' is projected to reach 7,077, a slight increase from 7,065 year-over-year [3] - 'Active Communities' are expected to total 954, up from 923 in the same quarter last year [3] - 'Closings (units) - Total' are anticipated to be 7,630, compared to 7,076 in the same quarter of the previous year [3] - The 'Unit Backlog - Total' is estimated at 12,429, down from 13,547 year-over-year [3] Backlog and Income Estimates - The estimated 'Backlog Value - Total' is $7.73 billion, down from$8.13 billion in the same quarter last year [4] - 'Net New Orders (Value) - Total' is projected at $3.93 billion, compared to$3.82 billion in the same quarter of the previous year [4] - 'Income / (loss) before income taxes- Homebuilding' is expected to be $821.54 million, slightly up from$818.37 million in the same quarter last year [4] Stock Performance - PulteGroup shares have returned +4.1% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [5]