Investing.com - PulteGroup reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PulteGroup announced earnings per share of $1.49 on revenue of $3.19B. Analysts polled by Investing.com anticipated EPS of $1.4 on revenue of $3.14B.
PulteGroup shares are down 5% from the beginning of the year and are trading at $47.25 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.14% from the start of the year.
PulteGroup follows other major Capital Goods sector earnings this month
PulteGroup's report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Boeing had missed expectations on Wednesday with fourth quarter EPS of $-15.25 on revenue of $15.3B, compared to forecast for EPS of $-1.6 on revenue of $15.03B.
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