PulteGroup Inc. PHMis scheduled to report first-quarter 2018 results on Apr 24, before the market opens.
Last quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 1.2%. It surpassed estimates in all of the last four quarters, resulting in an average earnings beat of 4.5%.
Let us take a look at the factors that are likely to influence the company’s Q1 results.
Prudent Land Investments
PulteGroup’s annual land acquisition strategies resulted in improved volumes, revenues and profitability for quite some time now. Its land strategy emphasizes on investing in shorter-lived and smaller land assets, thereby mitigating market risks.