PulteGroup Q3 EPS rises 16% to $3.35 as home sale revenue grows 12%
PulteGroup reported third-quarter 2024 results on October 22, 2024, with diluted earnings per share of $3.35, up from $2.90 a year earlier, and net income of $698 million, up from $639 million. Home sale revenues rose 12% to $4.3 billion on a 12% increase in closings, but the home sale gross margin fell to 28.8% from 29.5%, so profit gains came alongside thinner margins.
Key points
- Diluted EPS of $3.35 vs. $2.90 in the prior-year quarter, up 16%
- Home sale revenues of $4.3 billion, up 12%, on 7,924 closings vs. 7,076
- Home sale gross margin of 28.8% vs. 29.5% a year earlier
- Repurchased $320 million of common shares in the quarter
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.