D. R. Horton (DHI) Tops Q1 EPS by 24c, Offers FY Guidance
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D.R. Horton, Inc., America’s Builder, Reports Fiscal 2020 First Quarter Earnings and Declares Quarterly Dividend of $0.175 Per Share
January 27, 2020 6:30 AM ESTFiscal 2020 First Quarter Highlights - comparisons to the prior year quarter
Net income per diluted share increased 53% to $1.16 Net income attributable to D.R. Horton increased 50% to $431.3 million Consolidated revenues increased 14% to $4.0 billion Consolidated pre-tax income increased 39% to $523.3 million Consolidated pre-tax margin increased 230 basis points to 13.0% Homes closed increased 13% in both homes and value to 12,959 homes and $3.9 billion Net sales orders increased 19% to 13,126 homes and 22% in value to $3.9 billion Repurchased 3.0 million shares of common stock for $163.1 millionARLINGTON, Texas--(BUSINESS... More
