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

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

April 28, 2020 6:30 AM EDT

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

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

Net income per diluted share increased 40% to $1.30 Net income attributable to D.R. Horton increased 37% to $482.7 million Consolidated revenues increased 9% to $4.5 billion Consolidated 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% in value to 14,539 homes and $4.4 billion Net sales orders increased 20% to 20,087 homes and 22% in value to $6.0... More