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Stock impact report

Forestar Reports Fiscal 2024 Second Quarter Results [Yahoo! Finance]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
Company Research Source: Yahoo! Finance
Fiscal 2024 Second Quarter Highlights All comparisons are year-over-year Net income increased 67% to $45.0 million or $0.89 per diluted share Pre-tax income increased 64% to $58.9 million, with a pre-tax profit margin of 17.6% Consolidated revenues increased 11% to $333.8 million Residential lots sold increased 10% to 3,289 lots Owned and controlled lots increased 26% to 96,100 lots Return on equity expanded 320 basis points to 14.9% for the trailing twelve months ended March 31, 2024 Book value per share increased 16% to $29.09 Net debt to total capital ratio of 16.4% Financial Results Net income for the second quarter of fiscal 2024 increased 67% to $45.0 million, or $0.89 per diluted share, compared to $26.9 million, or $0.54 per diluted share, in the same quarter of fiscal 2023. Pre-tax income for the quarter increased 64% to $58.9 million from $35.9 million in the same quarter of fiscal 2023. Pre-tax income for the prior year quarter includes $19.4 million of p Show less Read more
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