D. R. Horton (DHI) Misses Q1 EPS by 2c

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D.R. Horton, Inc., America’s Builder, Reports Fiscal 2019 First Quarter Earnings and Declares Quarterly Dividend of $0.15 Per Share

January 25, 2019 6:30 AM EST

Fiscal 2019 First Quarter Highlights - comparisons to the prior year quarter

Net income attributable to D.R. Horton increased 52% to $287.2 million or $0.76 per diluted share Consolidated pre-tax income was $375.7 million compared to $391.2 million Consolidated pre-tax profit margin was 10.7% compared to 11.7% Homes closed increased 7% to 11,500 homes and 7% in value to $3.4 billion Net sales orders increased 3% to 11,042 homes and were unchanged in value at $3.2 billion Repurchased 4.1 million shares of common stock for $140.6 million... More