18.04.2024 12:39:24 - dpa-AFX: D R Horton Inc. Profit Advances In Q2, Beats estimates
WASHINGTON (dpa-AFX) - D R Horton Inc. (DHI) revealed earnings for its
second quarter that increased from the same period last year and beat the
Street estimates.
The company's earnings came in at $1.17 billion, or $3.52 per share. This
compares with $0.94 billion, or $2.73 per share, in last year's second quarter.
Analysts on average had expected the company to earn $3.06 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 14.3% to $9.11 billion from $7.97
billion last year.
D R Horton Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $1.17 Bln. vs. $0.94 Bln. last year.
-EPS (Q2): $3.52 vs. $2.73 last year.
-Revenue (Q2): $9.11 Bln vs. $7.97 Bln last year.
-Guidance:
Full year revenue guidance: $36.7 - $37.7 Bln
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