April 24, 2018 / 1:41 PM / 3 months ago

BRIEF-PulteGroup Sees Q2 Deliveries In The Range Of 5,400 To 5,700 Homes

April 24 (Reuters) - PulteGroup Inc:

* PULTEGROUP SEES Q2 DELIVERIES IN THE RANGE OF 5,400 TO 5,700 HOMES; UP 7 PERCENT - 13 PERCENT YEAR-OVER-YEAR - CONF CALL

* PULTEGROUP RAISES FY 2018 FORECAST TO BE IN THE RANGE OF 22,500 TO 23,500 HOMES - CONF CALL

* PULTEGROUP SEES 2018 AVERAGE SELLING PRICE TO BE IN THE RANGE OF $405,000 TO $420,000 - CONF CALL

* PULTEGROUP REAFFIRMS 2018 GROSS MARGINS FORECAST TO REMAIN IN THE RANGE OF 23 PERCENT TO 23.5 PERCENT IN EACH OF THE QUARTERS GOING FORWARD - CONF CALL

* PULTEGROUP SEES FY 2018 SG&A TO BE IN THE RANGE OF 10.8 PERCENT TO 11.3 PERCENT OF HOME SALE REVENUE - CONF CALL

* PULTEGROUP SEES FY 2018 OPERATING MARGINS TO BE IN THE RANGE OF 11.7 PERCENT TO 12.7 PERCENT - CONF CALL

* PULTEGROUP CEO SAYS THE POSITIVE BUYER TRAFFIC AND SIGN OF PATTERN THAT WE SAW IN THE FIRST QUARTER HAVE CARRIED THROUGH AND INTO Q2 - CONF CALL Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below