D. R. Horton (DHI) Tops Q1 EPS by 1c
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D.R. Horton, Inc., America’s Builder, Reports Fiscal 2016 First Quarter Earnings and Declares Quarterly Dividend of $0.08 Per Share
January 25, 2016 7:00 AM ESTFiscal 2016 First Quarter Highlights - as compared to the same period in the prior year
Net income increased 11% to $157.7 million, or $0.42 per diluted share Pre-tax income increased 9% to $241.3 million Pre-tax profit margin improved 40 basis points to 10.0% Net sales orders increased 12% in value to $2.4 billion and 9% in homes to 8,064 Homes closed increased 4% in value to $2.3 billion and 1% in homes to 8,061 Sales order backlog increased 16% in value to $3.2 billion and 15% in homes to 10,665... More
