Pultegroup reports q4 adj eps of $1.14

Pultegroup reports fourth quarter 2019 financial results.q4 adjusted earnings per share $1.14.q4 earnings per share $1.22.q4 earnings per share estimate $1.09 -- refinitiv ibes data.unit backlog up 20% to 10,507 homes at the end of quarter.net new orders increased 33% to 5,691 homes in q4.: qtrly home sale revenues increased 1% to $2.9 billion.ceo says co well positioned to increase delivery volumes, revenues, homebuilding gross margins and earnings in 2020.qtrly total revenue $3.02 billion versus $ 3.00 billion.q4 revenue view $2.98 billion -- refinitiv ibes data.pultegroup - demand for new homes is benefitting from favorable market dynamics including improved affordability in part due to low mortgage rates.
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