Pultegroup, inc. reports first quarter 2023 financial results

Atlanta--(business wire)--pultegroup, inc. (nyse: phm) announced today financial results for its first quarter ended march 31, 2023. for the quarter, the company reported net income of $532 million, or $2.35 per share, up from prior year net income of $455 million, or $1.83 per share. “as interest rates increased in 2022, we adjusted business practices to support a consistent start cadence and an appropriate inventory of quick move-in homes as we focused on turning our assets and delivering hig.
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