Investing.com - PulteGroup (NYSE:PHM) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
PulteGroup announced earnings per share of $1.72 on revenue of $3.36B. Analysts polled by Investing.com anticipated EPS of $1.73 on revenue of $3.51B.
PulteGroup shares are up 1% from the beginning of the year, still down 16.51% from its 52 week high of $63.91 set on May 10. They are under-performing the S&P 500 which is up 17.74% from the start of the year.
PulteGroup follows other major Consumer Discretionary sector earnings this month
PulteGroup's report follows an earnings beat by Tesla on Monday, who reported EPS of $1.45 on revenue of $11.96B, compared to forecasts EPS of $0.9364 on revenue of $11.53B.
Louis Vuitton ADR had beat expectations on Monday with second quarter EPS of $1.74 on revenue of $17.36B, compared to forecast for EPS of $1.45 on revenue of $16.61B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar