Will These Numbers from PulteGroup Be Good Enough for You?
PulteGroup (NYS: PHM) is expected to report Q4 earnings on Jan. 31. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict PulteGroup's revenues will expand 18.9% and EPS will grow 700.0%.
The average estimate for revenue is $1.50 billion. On the bottom line, the average EPS estimate is $0.32.
Revenue details
Last quarter, PulteGroup booked revenue of $1.30 billion. GAAP reported sales were 14% higher than the prior-year quarter's $1.14 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.27. GAAP EPS were $0.30 for Q3 compared to -$0.34 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 18.4%, 270 basis points better than the prior-year quarter. Operating margin was 8.3%, 460 basis points better than the prior-year quarter. Net margin was 9.0%, 2,030 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $4.75 billion. The average EPS estimate is $0.67.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 623 members out of 1,306 rating the stock outperform, and 683 members rating it underperform. Among 350 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 174 give PulteGroup a green thumbs-up, and 176 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PulteGroup is hold, with an average price target of $14.97.
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The article Will These Numbers from PulteGroup Be Good Enough for You? originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. TMFDisclosureHere
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