D. R. Horton (DHI) Reports In-Line Q4 EPS

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D.R. Horton, Inc., America’s Builder, Reports Fourth Quarter and Fiscal 2018 Earnings and Increases Quarterly Dividend to $0.15 Per Share

November 8, 2018 6:30 AM EST

Fiscal 2018 Fourth Quarter Highlights - comparisons to the prior year quarter

Net income attributable to D.R. Horton increased 49% to $466.1 million or $1.22 per diluted share Consolidated pre-tax income increased 25% to $607.7 million Consolidated pre-tax profit margin improved 180 basis points to 13.5% Homes closed increased 11% to 14,674 homes and 9% in value to $4.4 billion Net sales orders increased 11% to 11,509 homes and 10% in value to $3.4 billion

Fiscal 2018 Highlights - comparisons to the prior year

Net income attributable to D.R. Horton increased 41% to $1.5 billion or $3.81 per diluted... More