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.