D. R. Horton (DHI) Tops Q2 EPS by 80c

D. R. Horton (NYSE: DHI) reported Q2 EPS of $2.73, $0.80 better than the analyst estimate of $1.93. Revenue for the quarter came in at $8 billion versus the consensus estimate of $6.45 billion.

• Home sales revenues of $7.4 billion on 19,664 homes closed
• Net sales orders of 23,142 homes, with an order value of $8.6 billion
• Rental operations pre-tax income of $34.6 million on $224.1 million of revenues from the sale of 721 single-family rental homes
• Repurchased 3.2 million shares of common stock for $303.2 million

For earnings history and earnings-related data on D. R. Horton (DHI) click here.

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