PulteGroup (PHM) Stock Climbs As Q3 Earnings Defy Softer Demand

PulteGroup came into this Q3 2026 report with a reputation as one of the tightest operators in U.S. homebuilding, yet the share price had struggled in recent months. Then the numbers hit, and the stock jumped 5.8% to US$119.48 in the first full session after the release. Earnings per share of about US$2.55 and net income of roughly US$476 million, backed by a US$6.4b backlog, tell a story of profits holding up even as buyer traffic softens. The gap between that cautious narrative and a rising...