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-0.00143530859134715 -0.000615132253434512 0.000205044084478122 -0.00645888866106208 0.00471601394299768 0.000820176337912634 0.000205044084478122 0.00748410908345298
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UPDATE 3-Higher home sales drive D.R. Horton's profit, revenue beat [Reuters (UK)]

DR HORTON (DHI)  More Company Research Source: Reuters
Last dr horton earnings: 4/26 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
PDF Higher home sales drive D.R. Horton's profit, revenue beat | Reuters 3 Min Read (Reuters) - D.R. Horton Inc ( DHI.N ) reported first-quarter profit and revenue on Wednesday above Wall Street estimates as the biggest U.S. homebuilder sold more homes, sending its shares up as much as 5.6 percent in morning trading. Orders, an indicator of future revenue for homebuilders, rose 16.4 percent to 10,753 homes in the quarter as job growth fueled demand in spite of higher prices due to rising construction costs. D.R. Horton, which mainly sells single-family homes, said it expects fiscal 2018 gross margin to be around 20-21 percent, with some fluctuations in the quarters ahead, compared with its prior forecast of around 20 percent. With the margin forecast, the homebuilder was bucking the trend in the industry, Edward Jones analyst Robin Diedrich wrote in a client note. On Tuesday, smaller rival PulteGroup Inc ( PHM.N ) warned of decline in gross margin this year, citing higher land, labor [Read more]

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