PulteGroup (PHM) 8-K Results of Operations and Financial Condition

EXHIBIT 99.1

Pulte Homes, Inc.
Condensed Consolidated Results
Of Operations
(000’s omitted, except per share data)
(Unaudited)

	Three Months Ended
	March 31,
	2007			2006
CONSOLIDATED RESULTS:
Revenues:
Homebuilding	$	1,829,908		$	2,914,752
Financial Services		39,581			44,857
Other non-operating		1,944			2,967
Total Revenues	$	1,871,433		$	2,962,576
Pre-tax income (loss):
Homebuilding	$	(148,386	)	$	377,583
Financial Services		13,195			49,344
Other non-operating		(7,357	)		(9,383	)
Income (loss) before income taxes		(142,548	)		417,544
Income taxes (benefit)		(56,876	)		154,899
Net income (loss)	$	(85,672	)	$	262,645
EARNINGS PER SHARE - ASSUMING DILUTION:
Net income (loss)	$	(.34	)	$	1.01
Shares used in per share calculations		251,919			260,738

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