The company said net income for Q4 2023 was $711 million, or $3.28 per diluted share. Net income for the same quarter of the prior year was $882 million, or $3.85 per share.

1. 01

   The company said net income for Q4 2023 was $711 million, or $3.28 per diluted share. Net income for the same quarter of the prior year was $882 million, or $3.85 per share.

2. 02

   PulteGroup said home sale revenues for Q4 2023 were $4.2 billion, and it closed 7,615 homes at an average sales price of $547,000. In the same quarter of the prior year, it had $5.0 billion in home sale revenues and 8,848 closings.

3. 03

   The company said net new orders for Q4 2023 rose 57% from the prior year to 6,214 homes, and the dollar value of those orders increased 56% to $3.4 billion. It cited an improved selling environment and a decrease in cancelations as factors behind the increase.

4. 04

   The company said its Board of Directors approved a $1.5 billion increase to its share repurchase authorization, bringing the total to $1.8 billion. The increase took effect on January 29, 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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