NYSE$PHM
PulteGroup Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Financial results for the second quarter of 2023 were reported.
PulteGroup reported strong second-quarter results, with net income of $3.21 per share. Home sale revenues increased by 8% to $4.1 billion, driven by higher closings and average sales prices. Net new orders also saw a significant increase of 24%, reflecting strong demand for new homes.
- Net income was $3.21 per share, including a $0.21 per share insurance benefit.
- Home sale revenues increased 8% year-over-year to $4.1 billion.
- Closings increased 5% to 7,518 homes, with the average sales price up 3% to $540,000.
- Net new orders increased 24% to 7,947 homes, valued at $4.3 billion.
Headline financials
Revenue & EPS history
PulteGroup · Revenue · Quarterly
$4.19B
Revenue by segment
PulteGroup · $92.2M total across 1 segment · Q2 2023
- Financial Services$92.2M+11.4%100.0%
Forward guidance
This release includes “forward-looking statements.” These statements are subject to a number of risks, uncertainties and other factors that could cause our actual results, performance, prospects or opportunities, as well as those of the markets we serve or intend to serve, to differ materially from those expressed in, or implied by, these statements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+1.3%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+3.6%
Avg return
30 days after
59%
41 / 69 earnings
Positive
+19.9%
Q2 2012
Best reaction
-11.3%
Q2 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.8% | -2.1% | -8.7% | |
| Q4 2025 | +1.5% | +5.8% | +11.3% | |
| Q3 2025 | -0.1% | -2.2% | -7.2% | |
| Q2 2025 | -1.1% | +0.3% | +5.5% | |
| Q1 2025 | +8.4% | +9.4% | +5.9% | |
| Q4 2024 | +4.9% | -2.3% | -8.6% | |
| Q3 2024 | -7.7% | -8.2% | -11.2% | |
| Q2 2024 | -2.5% | +3.5% | +2.8% | |
| Q1 2024 | +4.1% | +5.5% | +4.6% | |
| Q4 2023 | -1.4% | -0.1% | +2.2% | |
| Q3 2023 | +0.6% | +1.9% | +24.6% | |
| Q2 2023 | +7.3% | +8.0% | -0.2% | |
| Q1 2023 | +1.2% | +5.2% | +4.2% | |
| Q4 2022 | +12.4% | +13.1% | +4.4% | |
| Q3 2022 | +2.4% | +6.2% | +17.8% | |
| Q2 2022 | -2.3% | -2.4% | -3.7% | |
| Q1 2022 | +0.3% | +4.7% | +9.7% | |
| Q4 2021 | +3.2% | -7.5% | -6.5% | |
| Q3 2021 | -2.2% | -3.6% | +5.6% | |
| Q2 2021 | -1.4% | +2.8% | +0.9% | |
| Q1 2021 | +7.1% | +7.9% | +5.6% | |
| Q4 2020 | -7.9% | -2.7% | -4.5% | |
| Q3 2020 | -2.8% | -8.6% | -3.5% | |
| Q2 2020 | +8.1% | +10.3% | +20.4% | |
| Q1 2020 | +6.5% | +20.4% | +38.4% | |
| Q4 2019 | +3.9% | +0.8% | -5.8% | |
| Q3 2019 | +4.3% | +5.8% | +2.1% | |
| Q2 2019 | -7.7% | -4.8% | -1.0% | |
| Q1 2019 | +5.4% | +4.1% | +4.5% | |
| Q4 2018 | +0.8% | +1.2% | -0.1% | |
| Q3 2018 | +6.0% | +14.6% | +22.9% | |
| Q2 2018 | -2.9% | -1.7% | -1.5% | |
| Q1 2018 | +5.9% | +7.8% | +4.5% | |
| Q4 2017 | -4.8% | -8.2% | -14.1% | |
| Q3 2017 | +4.8% | +7.8% | +17.7% | |
| Q2 2017 | -0.5% | -0.3% | +2.0% | |
| Q1 2017 | -1.6% | -1.8% | -0.8% | |
| Q4 2016 | +4.0% | +5.2% | +6.3% | |
| Q3 2016 | -4.1% | -6.6% | -5.2% | |
| Q2 2016 | +7.0% | +8.2% | +3.8% | |
| Q1 2016 | -0.7% | — | — | |
| Q4 2015 | +4.2% | — | — | |
| Q3 2015 | -5.7% | — | — | |
| Q2 2015 | -3.3% | — | — | |
| Q1 2015 | -7.2% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | -5.6% | — | — | |
| Q1 2014 | -0.7% | — | — | |
| Q4 2013 | +4.6% | — | — | |
| Q3 2013 | +8.2% | — | — | |
| Q2 2013 | -11.3% | — | — | |
| Q1 2013 | +8.4% | — | — | |
| Q4 2012 | -3.3% | — | — | |
| Q3 2012 | -1.0% | — | — | |
| Q2 2012 | +19.9% | — | — | |
| Q1 2012 | +15.7% | — | — | |
| Q4 2010 | +1.6% | — | — | |
| Q4 2011 | +1.6% | — | — | |
| Q3 2011 | -4.3% | — | — | |
| Q2 2011 | -9.0% | — | — | |
| Q1 2010 | +1.9% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q4 2008 | -2.2% | — | — | |
| Q3 2010 | +2.6% | — | — | |
| Q3 2009 | +2.6% | — | — | |
| Q2 2010 | +3.5% | — | — | |
| Q4 2009 | +3.5% | — | — | |
| Q2 2009 | +3.5% | — | — |
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