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D.R. Horton, Inc., America’s Builder, Reports Fourth Quarter and Fiscal 2024 Earnings and Increases Quarterly Dividend to $0.40 Per Share

October 29, 2024 6:30 AM EDT

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

Fiscal 2024 Fourth Quarter Highlights

Earnings per diluted share were $3.92 on net income of $1.3 billion Consolidated pre-tax income of $1.7 billion, with a pre-tax profit margin of 17.1% Consolidated revenues of $10.0 billion Home sales revenues of $8.9 billion on 23,647 homes closed

Fiscal 2024 Highlights - comparisons to the prior year

Earnings per diluted share increased 4% to $14.34 on net income of $4.8 billion Consolidated pre-tax income of $6.3 billion, with a pre-tax profit margin of 17.1% Consolidated... More

Forestar Reports Fourth Quarter and Fiscal 2024 Results

October 29, 2024 6:30 AM EDT

ARLINGTON, Texas--(BUSINESS WIRE)-- Forestar Group Inc. (Forestar) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024.

Fiscal 2024 Fourth Quarter Highlights
All comparisons are year-over-year

Net income increased 13% to $81.6 million or $1.60 per diluted share Pre-tax income increased 14% to $108.5 million, with a pre-tax profit margin of 19.7% Revenues of $551.4 million on 5,374 lots sold

Fiscal 2024 Highlights
All comparisons are year-over-year

Net income increased 22% to $203.4 million or $4.00 per diluted... More