D. R. Horton (DHI) Raises Quarterly Dividend 28% to $0.08; 1.1% Yield
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D.R. Horton's profit surges as home sales jump
November 10, 2015 6:12 AM EST(Reuters) - D.R. Horton Inc (NYSE: DHI), the largest U.S. homebuilder, reported a near 44 percent jump in profit for the fourth quarter as the company sold more homes and it said orders rose 19 percent.
Orders, an indicator of future revenue for homebuilders, rose to 8,477 homes, increasing in all regions except the U.S. Midwest, where they fell by one unit.
The housing recovery in the... More
D. R. Horton (DHI) Tops Q4 EPS by 2c
November 10, 2015 6:01 AM ESTD. R. Horton (NYSE: DHI) reported Q4 EPS of $0.64, $0.02 better than the analyst estimate of $0.62. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.03 billion.
Homes closed increased 23% in homes to 10,576 and 27% in value to $3.1 billion
For earnings... More
