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0 0 0.00886699507389168 0.00788177339901475 0.00157635467980306 -0.0248275862068965 -0.0252216748768473 -0.0313004926108374
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UPDATE 2-Homebuilder D.R. Horton's profit, revenue beat on higher sales [Reuters (UK)]

DR HORTON (DHI)  More Company Research Source: Reuters
Last dr horton earnings: 7/26 05:55 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
PDF Homebuilder D.R. Horton's profit, revenue beat on higher sales | 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 4.1 percent in premarket 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. Home prices in 20 metropolitan areas rose 6.4 percent in November and consumer confidence rebounded in January, a set of consumer data released on Tuesday showed. 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. The company’s home sales gross margins for the year ended Sept. 30 slipped 20 basis points from 2016 to 20 [Read more]

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