PulteGroup Second Quarter 2012 Numbers | ||
Quarter Two | Fiscal Year | |
Profit/(Loss) | $ 42.4M +176.6% | $30.7M +132.4% |
Home Deliveries | 3,816 +5.0% | 6,933 +2.3% |
New Orders | 4,478 +32.1% | 10,569 +23.4% |
Behind the Numbers:
Pulte managed to do something rare in its second quarter; it took orders for 32% more homes with 7% fewer communities open. Maybe even more noteworthy, it managed to turn a profit, posting what CEO Richard Dugas called its strongest financial performance in more than five years.“With each passing quarter we grow more confident that new-home demand has found its footing and is moving along a path toward a gradual recovery,” he said.
PulteGroup’s second quarter ended June 30.
