-+ 0.00%
-+ 0.00%
-+ 0.00%
D.R. Horton: Fiscal Q3 Earnings Snapshot
Share
Listen to the news

ARLINGTON, Texas (AP) — ARLINGTON, Texas (AP) — D.R. Horton Inc. (DHI) on Tuesday reported fiscal third-quarter earnings of $904.9 million.

On a per-share basis, the Arlington, Texas-based company said it had net income of $3.20.

The results exceeded Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $2.99 per share.

The homebuilder posted revenue of $9.23 billion in the period, also topping Street forecasts. Thirteen analysts surveyed by Zacks expected $9.18 billion.

D.R. Horton expects full-year revenue in the range of $32.5 billion to $33 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHI at https://www.zacks.com/ap/DHI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending