Investing.com - PulteGroup (NYSE:PHM) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
PulteGroup announced earnings per share of $2.69 on revenue of $3.94. Analysts polled by Investing.com anticipated EPS of $2.76 on revenue of $4.05B.
PulteGroup shares are up 72.04% from the beginning of the year, still down 34.65% from its 52 week high of $58.09 set on January 13.
PulteGroup follows other major Consumer Discretionary sector earnings this month
PulteGroup's report follows an earnings beat by Tesla on October 19, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on September 29 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
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