D.R. Horton, Inc., America’s Builder, Reports Fiscal 2021 First Quarter Earnings and Declares Quarterly Dividend of $0.20 Per Share
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D.R. Horton (DHI) PT Raised to $87 at RBC Capital Following Earnings
January 26, 2021 1:11 PM ESTRBC Capital analyst Mike Dahl raised the price target on D.R. Horton (NYSE: DHI) to $87.00 (from $80.00) while maintaining an Outperform rating following EPS.
"We are raising our FY21/22 EPS est. by +12%/+10% following an impressive F1Q margin beat and expectations for continued... More
D. R. Horton (DHI) Tops Q1 EPS by 45c, Revenues Beat; Offers FY21 Revenue Guidance Above Consensus
January 26, 2021 6:32 AM ESTD. R. Horton (NYSE: DHI) reported Q1 EPS of $2.14, $0.45 better than the analyst estimate of $1.69. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.5 billion.
Fiscal 2021 First Quarter Highlights - comparisons to the prior year quarter
Net income attributable to D.R. Horton increased 84% to $791.8 million or $2.14 per diluted shareConsolidated revenues increased 48% to $5.9 billionConsolidated pre-tax income increased 98% to $1.0 billionConsolidated pre-tax profit margin improved 440 basis points to 17.4%Homes closed increased 45% to 18,739 homes and 48% in value to $5.7 billionNet sales orders increased... More
