(Reuters) - U.S. homebuilder PulteGroup Inc PHM.N on Tuesday forecast full-year home sales below the average analyst estimate.
The company said it expected to sell 22,300 to 22,800 homes this year, on a conference call.
Analysts were expecting 22,764 home sales this year, according to Refinitiv data.
The company’s shares reversed course and were down 2.3% to $32.7 in premarket trading.
Reporting by Sanjana Shivdas in Bengaluru; Editing by Shinjini Ganguli
Our Standards: The Thomson Reuters Trust Principles.