Investing.com - PulteGroup (NYSE:PHM) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PulteGroup announced earnings per share of $1.34 on revenue of $2.95B. Analysts polled by Investing.com anticipated EPS of $1.14 on revenue of $2.77B.
PulteGroup shares are up 16% from the beginning of the year and are trading at $45.24 , down-from-52-week-high.They are outperforming the S&P 500 which is up 6.34% from the start of the year.
PulteGroup follows other major Capital Goods sector earnings this month
PulteGroup's report follows an earnings beat by ASML ADR on Wednesday, October 14, 2020, who reported EPS of $2.99 on revenue of $4.65B, compared to forecasts EPS of $2.64 on revenue of $4.36B.
Lockheed Martin had beat expectations on Tuesday with third quarter EPS of $6.25 on revenue of $16.5B, compared to forecast for EPS of $6.09 on revenue of $16.1B.
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