Ahead of the Bell: Pulte Homes
Pulte Homes Inc. faces an uncertain future, analysts said Thursday, a day after the company said it swung to a second-quarter loss amid a struggling housing market.
After the bell Tuesday, Pulte reported a loss of $2.01 per share on $2.02 billion in revenue. Sales dropped 40 percent for the quarter, and the company took almost $750 million in charges related to the land it owns.
29 July 2007 | Business, Construction, General | Comments
Leave a Reply