Pultegroup reports q2 earnings per share of $1.29

Pultegroup reports second quarter 2020 financial results.q2 adjusted earnings per share $1.15.q2 earnings per share $1.29.q2 earnings per share estimate $0.87 -- refinitiv ibes data.quarter-end backlog of 13,214 homes up 12%; backlog value up 13% to $5.8 billion.q2 home sale revenues increased 3% to $2.5 billion.q2 net new orders decreased 4% to 6,522 homes.encouraged about back half of 2020, plan to provide guidance for remainder of year as part of our q2 earnings call.q2 revenue view $2.51 billion -- refinitiv ibes data.qtrly total revenues $2.59 billion versus $2.49 billion.our cash balance at the end of q2 was $1.7 billion, after having repaid the $700 million we borrowed under our revolver.
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