D. R. Horton (DHI) Tops Q3 EPS by 19c, Approves $1B Buyback

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

July 30, 2019 6:30 AM EDT

The Company also announces new share repurchase authorization of $1.0 billion

ARLINGTON, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc. (NYSE: DHI):

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

Net income per diluted share increased 7% to $1.26 Net income attributable to D.R. Horton increased 5% to $474.8 million Consolidated revenues increased 11% to $4.9 billion Consolidated pre-tax income increased 2% to $626.7 million, with a pre-tax margin of 12.8% Homes closed increased 13% to 15,971 homes and 11% in value to $4.7 billion Net sales orders increased 6% to... More