After hours Wednesday, Michigan-based Pulte Homes, Inc. (NYSE:PHM) reported a net loss of $280.4 million, or $1.11 per share, on loss expectations of $0.52 per share. This compares to a loss of $787.9 million, or $3.12 per share, in the same quarter last year. Part of the loss during the quarter can be attributed to a $266.6 million pre-tax charge. The company's revenue fell to $1.56 billion compared to $2.47 billion in the year-ago period. Analysts had been expecting revenue to be $1.57 billion for the quarter. Shares of Pulte Homes dropped $0.60 to close at $9.95.

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