PulteGroup 2Q Earnings Pregame Scorecard

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Having hit Wall Street expectations last quarter, PulteGroup (NYSE:PHM) is scheduled to report again on Thursday.

Expectations

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Analysts currently expect PulteGroup to come in with earnings of 5 cents per share on revenues of $1.11 billion. Analyst estimates range from earnings per share to earnings per share. The average estimate has shown no movement over the last three months.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $1.96 per share between June 21, 2012 and July 6, 2012. Looking at change over the last three months, from April 25, 2012 and July 20, 2012, the stock price is up $2.16 (24.8%), from $8.70 to $10.86.

Company Fundamental Trends

Stock Ratings

Analysts think investors should stand pat on PulteGroup with nine of 13 analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, the company's loss narrowed to a loss of $11.7 million (3 cents a share) from a loss of $39.5 million (10 cents) a year earlier, meeting analyst expectations. Revenue rose 9.4% to $881 million from $805.2 million.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012 before market open

EPS: 5 cents

Revenue Estimate: $1.11 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)