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0.000356585637752882 0.00139104909198449 0.00224296017194009 0.00108679513485763 -0.0066941955647075 -0.00219914760211373 0.000508104108402125 -0.00245776346567159
Stock impact report

D.R. Horton's Q2 Earnings Beat on Better Order Momentum, Stock Up [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
The quarter was marked by an 11% jump in net sales orders and progress in tightening finished inventory, even as affordability constraints kept incentives elevated. Shares of this Arlington, TX-based homebuilder gained 2.4% following the earnings release on Tuesday. DHI Margins Stayed Resilient Despite Earnings Decline The company's earnings of $2.24 per share were down 13.2% from $2.58 a year ago but 4.2% above the Zacks Consensus Estimate of $2.15. Total revenues (Homebuilding, Forestar, Rental and Financial Services) were $7.56 billion, down 2.3% year over year and 1.3% below the consensus mark of $7.66 billion. Net income attributable to D.R. Horton fell 20% year over year to $647.9 million. Consolidated income before taxes was $867.4 million on $7.6 billion of revenues, producing a pre-tax profit margin of 11.5% for the quarter. Management highlighted that the pre-tax profit margin finished above the high end of its guidance range. The company also noted that the fiscal Show less Read more
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