D. R. Horton (DHI) Tops Q1 EPS by 45c, Revenues Beat; Offers FY21 Revenue Guidance Above Consensus
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D.R. Horton, Inc., America’s Builder, Reports Fiscal 2021 First Quarter Earnings and Declares Quarterly Dividend of $0.20 Per Share
January 26, 2021 6:30 AM ESTARLINGTON, Texas--(BUSINESS WIRE)-- D.R. Horton, Inc. (NYSE: DHI):
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 share Consolidated revenues increased 48% to $5.9 billion Consolidated pre-tax income increased 98% to $1.0 billion Consolidated 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 billion Net sales orders increased 56% to 20,418 homes and 62% in value to $6.4... More