PulteGroup (PHM) reported Q4 earnings Thursday of $4.43 per diluted share, up from $3.28 a year earlier.
Analysts polled by FactSet expected $3.26.
Revenue for the quarter ended Dec. 31 was $4.92 billion, up from $4.29 billion a year earlier.
Analysts surveyed by FactSet expected $4.64 billion.
PulteGroup said its board has approved a $1.5 billion increase to the company's share buyback capacity, raising its current repurchase authorization to $2.1 billion.
Shares of PulteGroup were up over 5% in recent premarket activity Thursday.
Price: 117.39, Change: +4.40, Percent Change: +3.89
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