More on PulteGroup's Q2

• PulteGroup (NYSE:PHM) reported that Q2 revenue increased 2.2% to $1.2B due to a 12% increase of average home selling price to $328K.
• Net income climbed 15% Y/Y to $41.9M, or $0.11 per share, from $36.4M, or $0.09 cents per share - a year earlier.
• Orders fell 2.2% to 4,778 homes from 4,885.
• Gross margin of 23.6% expanded by 480 bps over the prior year.
• Q2 earnings