D.R. Horton, Inc., America’s Builder, Reports Fiscal 2020 Second Quarter Earnings and Declares Quarterly Dividend of $0.175 Per Share

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Go back to D.R. Horton, Inc., America’s Builder, Reports Fiscal 2020 Second Quarter Earnings and Declares Quarterly Dividend of $0.175 Per Share

D. R. Horton (DHI) Tops Q2 EPS by 17c

April 28, 2020 6:31 AM EDT

D. R. Horton (NYSE: DHI) reported Q2 EPS of $1.30, $0.17 better than the analyst estimate of $1.13. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.45 billion.

Fiscal 2020 Second Quarter Highlights - comparisons to the prior year quarter

Net income per diluted share increased 40% to $1.30Net income attributable to D.R. Horton increased 37% to $482.7 millionConsolidated revenues increased 9% to $4.5 billionConsolidated pre-tax income increased 34% to $621.3 million, with a pre-tax profit margin of 13.8%Homes closed increased 8% in homes and 10%... More