D. R. Horton (DHI) Tops Q2 EPS by 6c; Raises Outlook
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D.R. Horton, Inc., America’s Builder, Reports Fiscal 2018 Second Quarter Earnings and Declares Quarterly Dividend of $0.125 Per Share
April 26, 2018 6:30 AM EDTARLINGTON, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc.:
Fiscal 2018 Second Quarter Highlights - comparisons to the prior year quarter
Net income attributable to D.R. Horton increased 53% to $351.0 million or $0.91 per diluted share Consolidated pre-tax income increased 26% to $444.8 million Consolidated pre-tax profit margin improved 80 basis points to 11.7% Net sales orders increased 13% in value to $4.7 billion and 13% in homes to 15,828 Homes closed increased 16% in value to $3.7 billion and 15% in homes to 12,281 Increasing fiscal 2018 guidance for consolidated... More