Subtext

PulteGroup, Inc. PHM

SectorConsumer Discretionary
Transcripts72
Date range2007-07-26 – 2025-04-22
Calls charted72

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-17-8+0+8+172007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · Overall: -9.32007 Q3 · Overall: -9.62007 Q4 · Overall: -9.62008 Q1 · Overall: -7.92008 Q2 · Overall: -5.42008 Q3 · Overall: -9.22008 Q4 · Overall: -9.62009 Q1 · Overall: -2.52009 Q2 · Overall: +4.62009 Q3 · Overall: +1.02009 Q4 · Overall: -1.82010 Q1 · Overall: +2.32010 Q2 · Overall: -4.62010 Q3 · Overall: -6.42010 Q4 · Overall: -1.42011 Q1 · Overall: +2.62011 Q2 · Overall: +2.02011 Q3 · Overall: -3.72011 Q4 · Overall: +5.32012 Q1 · Overall: +8.72012 Q2 · Overall: +7.92012 Q3 · Overall: +11.42012 Q4 · Overall: +10.12013 Q1 · Overall: +9.92013 Q2 · Overall: +5.82013 Q3 · Overall: +7.12013 Q4 · Overall: +8.92014 Q1 · Overall: +11.72014 Q2 · Overall: +9.52014 Q3 · Overall: +3.32014 Q4 · Overall: +6.22015 Q1 · Overall: +6.62015 Q2 · Overall: +3.72015 Q3 · Overall: -3.62015 Q4 · Overall: +7.72016 Q1 · Overall: +5.62016 Q2 · Overall: +4.12016 Q3 · Overall: +6.52016 Q4 · Overall: +7.02017 Q1 · Overall: +5.02017 Q2 · Overall: +10.72017 Q3 · Overall: +0.92017 Q4 · Overall: +14.52018 Q1 · Overall: +6.82018 Q2 · Overall: +7.52018 Q3 · Overall: -0.92018 Q4 · Overall: +3.52019 Q1 · Overall: +5.52019 Q2 · Overall: +3.12019 Q3 · Overall: +5.62019 Q4 · Overall: +9.22020 Q1 · Overall: -6.72020 Q2 · Overall: +6.52020 Q3 · Overall: +3.22020 Q4 · Overall: +5.42021 Q1 · Overall: +8.92021 Q2 · Overall: +3.72021 Q3 · Overall: +3.02021 Q4 · Overall: +5.52022 Q1 · Overall: +5.92022 Q2 · Overall: -0.92022 Q3 · Overall: -0.32022 Q4 · Overall: +3.72023 Q1 · Overall: +10.12023 Q2 · Overall: +6.02023 Q3 · Overall: +5.02023 Q4 · Overall: +2.32024 Q1 · Overall: +4.42024 Q2 · Overall: +2.82024 Q3 · Overall: +3.72024 Q4 · Overall: +1.82025 Q1 · Overall: +3.1
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-31-16+0+16+312007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · CEO: -8.52007 Q3 · CEO: -2.52007 Q4 · CEO: -11.12008 Q1 · CEO: -3.42008 Q2 · CEO: +0.92008 Q3 · CEO: -8.32008 Q4 · CEO: -6.82009 Q1 · CEO: +10.42009 Q2 · CEO: +13.02009 Q3 · CEO: +9.22009 Q4 · CEO: +7.72010 Q1 · CEO: +13.02010 Q2 · CEO: +4.82010 Q3 · CEO: -0.22010 Q4 · CEO: +5.42011 Q1 · CEO: +10.52011 Q2 · CEO: +11.52011 Q3 · CEO: +4.82011 Q4 · CEO: +19.02012 Q1 · CEO: +18.42012 Q2 · CEO: +15.62012 Q3 · CEO: +17.82012 Q4 · CEO: +26.62013 Q1 · CEO: +17.62013 Q2 · CEO: +14.92013 Q3 · CEO: +13.32013 Q4 · CEO: +18.62014 Q1 · CEO: +22.52014 Q2 · CEO: +17.62014 Q3 · CEO: +7.92014 Q4 · CEO: +14.22015 Q1 · CEO: +19.62015 Q4 · CEO: +21.12016 Q3 · CEO: +13.92016 Q4 · CEO: +13.72017 Q1 · CEO: +11.72017 Q2 · CEO: +22.02017 Q3 · CEO: +4.42017 Q4 · CEO: +27.32018 Q1 · CEO: +11.62018 Q2 · CEO: +10.12018 Q3 · CEO: +2.52018 Q4 · CEO: +11.62019 Q1 · CEO: +13.12019 Q2 · CEO: +9.42019 Q3 · CEO: +14.02019 Q4 · CEO: +20.72020 Q1 · CEO: -1.12020 Q2 · CEO: +10.42020 Q3 · CEO: +7.92020 Q4 · CEO: +12.62021 Q1 · CEO: +14.92021 Q2 · CEO: +8.82021 Q3 · CEO: +7.12021 Q4 · CEO: +7.32022 Q1 · CEO: +9.22022 Q2 · CEO: -1.22022 Q3 · CEO: +3.82022 Q4 · CEO: +10.32023 Q1 · CEO: +16.42023 Q2 · CEO: +9.42023 Q3 · CEO: +10.82023 Q4 · CEO: +4.22024 Q1 · CEO: +10.42024 Q2 · CEO: +6.42024 Q3 · CEO: +9.12024 Q4 · CEO: +9.62025 Q1 · CEO: +5.92007 Q2 · CFO: -9.72007 Q3 · CFO: -6.92007 Q4 · CFO: -6.82008 Q1 · CFO: -8.02008 Q2 · CFO: -3.72008 Q3 · CFO: -7.62008 Q4 · CFO: -11.32009 Q1 · CFO: -7.52009 Q2 · CFO: -6.22009 Q3 · CFO: -6.72009 Q4 · CFO: -13.22010 Q1 · CFO: -2.32010 Q2 · CFO: -5.22010 Q3 · CFO: -8.22010 Q4 · CFO: -7.62011 Q1 · CFO: -4.32011 Q2 · CFO: +0.42011 Q3 · CFO: -7.62011 Q4 · CFO: -1.02012 Q1 · CFO: +4.02012 Q2 · CFO: +2.62012 Q3 · CFO: +12.02012 Q4 · CFO: +6.22013 Q1 · CFO: +14.62013 Q2 · CFO: +0.02013 Q3 · CFO: +7.12013 Q4 · CFO: +8.32014 Q1 · CFO: +6.42014 Q2 · CFO: +3.62014 Q3 · CFO: +5.72014 Q4 · CFO: +2.62015 Q1 · CFO: +2.42015 Q4 · CFO: +0.42016 Q3 · CFO: +1.72016 Q4 · CFO: +3.82017 Q1 · CFO: +4.92017 Q2 · CFO: +1.82017 Q3 · CFO: +0.02017 Q4 · CFO: +11.02018 Q1 · CFO: +4.92018 Q2 · CFO: +10.82018 Q3 · CFO: +2.92018 Q4 · CFO: -2.82019 Q1 · CFO: +1.12019 Q2 · CFO: +4.62019 Q3 · CFO: +5.42019 Q4 · CFO: +7.12020 Q1 · CFO: -10.12020 Q2 · CFO: +9.52020 Q3 · CFO: +3.52020 Q4 · CFO: +4.82021 Q1 · CFO: +6.82021 Q2 · CFO: +5.62021 Q4 · CFO: +7.42022 Q1 · CFO: +6.02022 Q3 · CFO: -2.82022 Q4 · CFO: -2.92023 Q1 · CFO: +5.62023 Q2 · CFO: +12.82023 Q3 · CFO: +3.12023 Q4 · CFO: +1.82024 Q1 · CFO: +1.92024 Q2 · CFO: +5.82024 Q3 · CFO: +2.12024 Q4 · CFO: +0.02025 Q1 · CFO: +5.7
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-28-14+0+14+282007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · Prepared remarks: -10.32007 Q3 · Prepared remarks: -9.12007 Q4 · Prepared remarks: -17.72008 Q1 · Prepared remarks: -7.92008 Q2 · Prepared remarks: -9.02008 Q3 · Prepared remarks: -14.22008 Q4 · Prepared remarks: -11.62009 Q1 · Prepared remarks: +1.92009 Q2 · Prepared remarks: +7.42009 Q3 · Prepared remarks: +2.02009 Q4 · Prepared remarks: -0.62010 Q1 · Prepared remarks: +7.12010 Q2 · Prepared remarks: +4.82010 Q3 · Prepared remarks: -6.72010 Q4 · Prepared remarks: +0.22011 Q1 · Prepared remarks: +6.82011 Q2 · Prepared remarks: +17.12011 Q3 · Prepared remarks: +6.02011 Q4 · Prepared remarks: +15.52012 Q1 · Prepared remarks: +24.22012 Q2 · Prepared remarks: +17.02012 Q3 · Prepared remarks: +17.22012 Q4 · Prepared remarks: +23.82013 Q1 · Prepared remarks: +19.82013 Q2 · Prepared remarks: +8.32013 Q3 · Prepared remarks: +10.52013 Q4 · Prepared remarks: +15.92014 Q1 · Prepared remarks: +23.02014 Q2 · Prepared remarks: +23.22014 Q3 · Prepared remarks: +13.42014 Q4 · Prepared remarks: +15.02015 Q1 · Prepared remarks: +16.32015 Q2 · Prepared remarks: +7.72015 Q3 · Prepared remarks: +8.82015 Q4 · Prepared remarks: +12.62016 Q1 · Prepared remarks: +13.22016 Q2 · Prepared remarks: +8.92016 Q3 · Prepared remarks: +9.82016 Q4 · Prepared remarks: +12.22017 Q1 · Prepared remarks: +10.82017 Q2 · Prepared remarks: +14.02017 Q3 · Prepared remarks: -0.32017 Q4 · Prepared remarks: +23.42018 Q1 · Prepared remarks: +13.82018 Q2 · Prepared remarks: +18.22018 Q3 · Prepared remarks: +6.62018 Q4 · Prepared remarks: +11.12019 Q1 · Prepared remarks: +6.52019 Q2 · Prepared remarks: +7.92019 Q3 · Prepared remarks: +15.82019 Q4 · Prepared remarks: +20.32020 Q1 · Prepared remarks: -8.02020 Q2 · Prepared remarks: +9.02020 Q3 · Prepared remarks: +13.52020 Q4 · Prepared remarks: +14.32021 Q1 · Prepared remarks: +15.22021 Q2 · Prepared remarks: +12.32021 Q3 · Prepared remarks: +8.62021 Q4 · Prepared remarks: +10.02022 Q1 · Prepared remarks: +11.12022 Q2 · Prepared remarks: +1.62022 Q3 · Prepared remarks: -1.92022 Q4 · Prepared remarks: +3.62023 Q1 · Prepared remarks: +11.22023 Q2 · Prepared remarks: +11.12023 Q3 · Prepared remarks: +7.62023 Q4 · Prepared remarks: +5.42024 Q1 · Prepared remarks: +4.82024 Q2 · Prepared remarks: +7.32024 Q3 · Prepared remarks: +5.02024 Q4 · Prepared remarks: +4.32025 Q1 · Prepared remarks: +5.92007 Q2 · Q&A responses: -3.42007 Q3 · Q&A responses: -8.02007 Q4 · Q&A responses: -1.92008 Q1 · Q&A responses: -6.12008 Q2 · Q&A responses: +0.02008 Q3 · Q&A responses: -3.72008 Q4 · Q&A responses: -3.72009 Q1 · Q&A responses: -1.52009 Q2 · Q&A responses: +7.62009 Q3 · Q&A responses: +2.92009 Q4 · Q&A responses: +0.32010 Q1 · Q&A responses: +4.92010 Q2 · Q&A responses: -4.42010 Q3 · Q&A responses: -5.32010 Q4 · Q&A responses: -0.52011 Q1 · Q&A responses: +4.12011 Q2 · Q&A responses: +0.42011 Q3 · Q&A responses: -6.32011 Q4 · Q&A responses: +3.32012 Q1 · Q&A responses: +6.32012 Q2 · Q&A responses: +5.62012 Q3 · Q&A responses: +12.02012 Q4 · Q&A responses: +4.32013 Q1 · Q&A responses: +9.52013 Q2 · Q&A responses: +4.62013 Q3 · Q&A responses: +9.12013 Q4 · Q&A responses: +8.02014 Q1 · Q&A responses: +10.92014 Q2 · Q&A responses: +5.62014 Q3 · Q&A responses: +2.72014 Q4 · Q&A responses: +4.52015 Q1 · Q&A responses: +7.12015 Q2 · Q&A responses: +5.02015 Q3 · Q&A responses: -3.22015 Q4 · Q&A responses: +9.22016 Q1 · Q&A responses: +4.82016 Q2 · Q&A responses: +6.92016 Q3 · Q&A responses: +6.52016 Q4 · Q&A responses: +7.22017 Q1 · Q&A responses: +2.12017 Q2 · Q&A responses: +12.42017 Q3 · Q&A responses: +4.92017 Q4 · Q&A responses: +11.42018 Q1 · Q&A responses: +5.22018 Q2 · Q&A responses: +4.02018 Q3 · Q&A responses: +0.42018 Q4 · Q&A responses: +1.62019 Q1 · Q&A responses: +8.12019 Q2 · Q&A responses: +5.02019 Q3 · Q&A responses: +7.82019 Q4 · Q&A responses: +10.52020 Q1 · Q&A responses: -3.22020 Q2 · Q&A responses: +10.02020 Q3 · Q&A responses: -0.32020 Q4 · Q&A responses: +2.42021 Q1 · Q&A responses: +6.72021 Q2 · Q&A responses: +1.82021 Q3 · Q&A responses: +3.52021 Q4 · Q&A responses: +3.52022 Q1 · Q&A responses: +5.02022 Q2 · Q&A responses: -0.32022 Q3 · Q&A responses: +3.52022 Q4 · Q&A responses: +5.42023 Q1 · Q&A responses: +10.22023 Q2 · Q&A responses: +7.62023 Q3 · Q&A responses: +8.32023 Q4 · Q&A responses: +1.92024 Q1 · Q&A responses: +7.22024 Q2 · Q&A responses: +3.92024 Q3 · Q&A responses: +3.82024 Q4 · Q&A responses: +5.02025 Q1 · Q&A responses: +4.7
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$0.26$7.43$14.602007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12014 Q1: $1.252014 Q2: $1.292014 Q3: $1.372014 Q4: $1.432015 Q1: $1.402015 Q2: $1.422015 Q3: $1.502015 Q4: $1.552016 Q1: $1.642016 Q2: $1.762016 Q3: $2.002016 Q4: $2.082017 Q1: $2.332017 Q2: $2.442017 Q3: $2.552017 Q4: $2.772018 Q1: $3.202018 Q2: $3.522018 Q3: $3.832018 Q4: $3.712019 Q1: $3.212019 Q2: $3.482019 Q3: $3.612019 Q4: $3.942020 Q1: $4.252020 Q2: $3.222020 Q3: $4.672020 Q4: $5.722021 Q1: $6.352021 Q2: $8.282021 Q3: $8.692021 Q4: $9.152022 Q1: $10.542022 Q2: $11.132022 Q3: $9.952022 Q4: $7.262023 Q1: $7.382023 Q2: $9.262023 Q3: $11.842023 Q4: $11.422024 Q1: $12.112024 Q2: $13.272024 Q3: $13.612024 Q4: $13.45

Forward P/E

2.579.6316.692007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12014 Q1: 15.722014 Q2: 15.132014 Q3: 14.192014 Q4: 14.312015 Q1: 15.252015 Q2: 13.762015 Q3: 13.832015 Q4: 11.632016 Q1: 11.122016 Q2: 10.642016 Q3: 9.962016 Q4: 9.182017 Q1: 10.032017 Q2: 9.952017 Q3: 10.282017 Q4: 12.032018 Q1: 9.232018 Q2: 8.762018 Q3: 6.982018 Q4: 6.952019 Q1: 8.572019 Q2: 9.272019 Q3: 9.682019 Q4: 9.882020 Q1: 4.582020 Q2: 11.302020 Q3: 10.012020 Q4: 7.432021 Q1: 8.032021 Q2: 6.422021 Q3: 5.482021 Q4: 6.052022 Q1: 4.422022 Q2: 3.542022 Q3: 3.912022 Q4: 6.382023 Q1: 7.402023 Q2: 7.912023 Q3: 6.502023 Q4: 8.582024 Q1: 9.442024 Q2: 8.382024 Q3: 10.362024 Q4: 8.27

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q2 tone ↓ -2.2 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2014 Q3 tone ↓ -6.2 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q2 tone ↓ -2.9 fwd EPS ↑ +0.02 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q3 tone ↓ -7.2 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q1 tone ↓ -2.1 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -9.8 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -7.7 fwd EPS ↑ +0.43 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -8.4 fwd EPS ↑ +0.31 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↑ +4.3 fwd EPS ↓ -0.12 Tone rose while the forward EPS estimate was cut.
  • 2019 Q1 tone ↑ +2.1 fwd EPS ↓ -0.50 Tone rose while the forward EPS estimate was cut.
  • 2019 Q2 tone ↓ -2.4 fwd EPS ↑ +0.27 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -15.8 fwd EPS ↑ +0.31 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +13.1 fwd EPS ↓ -1.02 Tone rose while the forward EPS estimate was cut.
  • 2020 Q3 tone ↓ -3.3 fwd EPS ↑ +1.45 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q2 tone ↓ -5.2 fwd EPS ↑ +1.93 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -6.8 fwd EPS ↑ +0.60 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +4.0 fwd EPS ↓ -2.69 Tone rose while the forward EPS estimate was cut.
  • 2023 Q2 tone ↓ -4.1 fwd EPS ↑ +1.88 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-22+3.1——View →
2024 Q42025-01-30+1.8$13.458.3View →
2024 Q32024-10-22+3.7$13.6110.4View →
2024 Q22024-07-23+2.8$13.278.4View →
2024 Q12024-04-23+4.4$12.119.4View →
2023 Q42024-01-30+2.3$11.428.6View →
2023 Q32023-10-24+5.0$11.846.5View →
2023 Q22023-07-25+6.0$9.267.9View →