ISI Group Upgrades D.R. Horton (DHI) to Strong Buy

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Citi Upgrades D.R. Horton (DHI) to Buy

April 24, 2014 8:43 AM EDT

Citi upgraded D.R. Horton (NYSE: DHI) from Neutral to Buy.

For an analyst ratings summary and ratings history on D.R. Horton click here. For more ratings news on D.R. Horton click here.

Shares of D.R. Horton closed at $21.35 yesterday.

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D.R. Horton, Inc. (DHI) Tops Q2 EPS by 4c, Sales Easily Beat

April 24, 2014 7:16 AM EDT

D.R. Horton, Inc. (NYSE: DHI) reported Q2 EPS of $0.38, $0.04 better than the analyst estimate of $0.34. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.55 billion.

Highlights:

Net income increased 18% to $131.0 millionDiluted EPS increased 19% to $0.38 per sharePre-tax income increased 42% to $201.9 millionPre-tax income margin increased 170 basis... More