Countdown to PulteGroup (PHM) Q1 Earnings: Wall Street Forecasts for Key Metrics

Core Viewpoint - Analysts expect PulteGroup to report a quarterly earnings of $2.48 per share, reflecting a year-over-year decline of 13.6$3.86 billion, down 2.2% from the previous year [1] Financial Projections - Homebuilding - Home sale revenues are projected to reach $3.74 billion, indicating a year-over-year change of -2.2$91.12 million, suggesting a change of -1.3% year over year [4] - Homebuilding revenues are forecasted to be $3.77 billion, reflecting a -2.2$36.85 million, indicating a -1% change from the prior-year quarter [5] - The Average Selling Price - Total is projected to be $561.97, compared to$538 from the year-ago figure [5] - Net New Orders in Units - Total is expected to be 8,598, up from 8,379 year-over-year [5] Backlog and Closings - Unit Backlog - Total is estimated at 12,103, down from 13,430 year-over-year [6] - Closings (units) - Total is projected to reach 6,648, compared to 7,095 from the previous year [6] - Active Communities are expected to total 964, up from 931 year-over-year [6] Order and Value Estimates - Net New Orders (Value) - Total is projected to be $4.95 billion, compared to$4.70 billion in the same quarter last year [7] - Backlog Value - Total is expected to reach $7.70 billion, down from$8.20 billion year-over-year [7] Income Projections - Income / (loss) before income taxes - Homebuilding is estimated at $636.19 million, contrasting with the year-ago figure of$827.66 million [8] Stock Performance - Over the past month, shares of PulteGroup have returned -8.4%, while the Zacks S&P 500 composite has changed -4.2% [8] - PulteGroup currently holds a Zacks Rank 2 (Buy), indicating potential outperformance in the near future [8]