D. R. Horton (DHI) Tops Q3 EPS by 10c

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D.R. Horton, Inc., America’s Builder, Reports Fiscal 2015 Third Quarter Earnings and Declares Quarterly Dividend of $0.0625 Per Share

July 28, 2015 7:00 AM EDT

Fiscal 2015 Third Quarter Highlights - as compared to the same period in the prior year

Net sales orders increased 25% in value to $3.0 billion and 22% in homes to 10,398 Homes closed increased 37% in value to $2.9 billion and 28% in homes to 9,856 Sales order backlog increased 15% in value to $3.7 billion and 12% in homes to 12,761 Pre-tax income increased 94% to $333.8 million Pre-tax profit margin improved 330 basis points to 11.3% Net income increased 96% to $221.4 million, or $0.60 per diluted share... More