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PulteGroup's Trading Volume Drops 33.15% to $247 Million, Ranks 430th in Market
Generated by AI AgentAinvest Market Brief
Wednesday, Apr 23, 2025 7:36 pm ET1min read
On April 23, 2025, PulteGroup's trading volume was $247 million, down 33.15% from the previous day, ranking 430th in the day's stock market.
(PHM) rose 0.17%, marking two consecutive days of gains, with a total increase of 8.54% over the past two days.PulteGroup reported a net income of $523 million, or $2.57 per share, for the first quarter of 2025. The company's earnings and revenue surprises were 4.05% and 0.74%, respectively, for the quarter ended March 2025.
PulteGroup's total revenues for the first quarter of 2025 were $3.89 billion, a 1.4% decrease from the previous year. The company's home sale revenues reached $3.7 billion, representing a 2% decrease from the prior year. This decline was driven by a 7% reduction in the number of homes closed, totaling 6,583 homes.
Despite the challenging market conditions, PulteGroup's financial performance for the first quarter of 2025 was solid, with earnings of $2.57 per share. The company's strategic initiatives and operational efficiency continue to drive its performance in the housing market.
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