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via finance.yahoo.comBusiness & Companies

PHM Q3 earnings miss estimates on lower closings and margins; stock drops almost 6%

FROM THE WIRE · FINANCE.YAHOO.COM

PulteGroup, Inc. PHM reported weaker-than-expected third-quarter 2026 results, with earnings and total revenues missing the Zacks Consensus Estimate and declining year over year. Earnings fell 14.5%, while revenues decreased 9.8% from the prior-year quarter. The quarterly…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe earnings miss and margin compression weigh on the US homebuilding sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Earnings per share were $2.53, below the $2.63 consensus estimate.
  2. 02Revenues fell 9.8% year over year on lower closings and softer average selling prices.
  3. 03The stock fell almost 6% following the earnings release.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
PulteGroup, Inc.PHMStock119.25 USD+1.43%today +5.63%Negative Lennar CorporationLENStock83.45 USD+1.72%today +7.41%Negative KB HomeKBHStock45.99 USD+1.22%today +6.93%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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