PulteGroup Inc. (NYSE:PHM) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET

Company Participants

James Zeumer - Vice President, Investor Relations
Ryan Marshall - President and Chief Executive Officer
Robert O'Shaughnessy - Executive Vice President and Chief Financial Officer
James Ossowski - Senior Vice President, Finance

Conference Call Participants

Stephen Kim - Evercore ISI
John Lovallo - UBS
Anthony Pettinari - Citi
Michael Rehaut - JPMorgan
Rafe Jadrosich - Bank of America
Alan Ratner - Zelman & Associates
Sam Reid - Wells Fargo
Michael Dahl - RBC Capital Markets
Susan Maklari - Goldman Sachs

Operator

Thank you for standing by and welcome to the PulteGroup's Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I'd now like to turn the call over to Jim Zeumer, Vice President of Investor relations. You may begin.

James Zeumer

Great. Thanks, Rob. I want to welcome everyone to PulteGroup's earnings call to discuss our strong financial performance for our second quarter ended June 30th, 2024.

Here to review PulteGroup's Q2 results are Ryan Marshall, President and CEO; Bob O'Shaughnessy, Executive Vice President and CFO; Jim Ossowski, Senior Vice President, Finance.

Copy of our earnings release and this morning's presentation slides have been posted to our corporate website at pultegroup.com. We'll post an audio replay of this call later today.

I want to alert everyone that today's presentation includes forward-looking statements about the company's expected future performance. Actual results could differ materially from those suggested by our comments made today. The most significant risk factors that could affect future results are summarized as part of today's earnings release and within the accompanying presentation slides. These risk factors and other key information are detailed in our SEC filings, including our annual and quarterly reports.

Now let me turn the call over to Ryan Marshall. Ryan?

Ryan Marshall

Thanks, Jim, and thank you to everyone joining today's call. PulteGroup delivered another quarter of strong financial results, which reflect an approach to the business in which we seek to balance price, pace and investment over the long-term to generate superior returns.

Consistent with this strategy, our financial results continue to show the power of capitalizing on the value of each lot and home we sell. Our divisions work extremely hard to secure, entitle and develop our land assets and work equally hard to generate exceptional profitability, while still turning our portfolio at an appropriate rate.