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Earnings Jump at Pulte Homes
Updated from Oct. 26
Third-quarter profit soared at Pulte Homes (PHM Quote), blowing past analysts' estimates, as revenue jumped from a year earlier due to strong closings in all of its geographic markets.
The homebuilder said income from continuing operations increased to $387.7 million, or $1.47 a share, from $259.1 million, or 99 cents a share. (The company earned $7.7 million, or 3 cents a share, in the latest quarter from discontinued operations.) ...
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