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D R Horton Inc. (DHI) reported earnings for its first quarter that advanced from last year.


RTTNews | Jan 26, 2021 06:57AM EST

06:56 Tuesday, January 26, 2021 (RTTNews.com) - D R Horton Inc. (DHI) reported earnings for its first quarter that advanced from last year.

The company's profit totaled $791.8 million, or $2.14 per share. This compares with $431.3 million, or $1.16 per share, in last year's first quarter.

Analysts had expected the company to earn $1.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 47.5% to $5.93 billion from $4.02 billion last year.

D R Horton Inc. earnings at a glance:

-Earnings (Q1): $791.8 Mln. vs. $431.3 Mln. last year.-EPS (Q1): $2.14 vs. $1.16 last year.-Analysts Estimate: $1.69-Revenue (Q1): $5.93 Bln vs. $4.02 Bln last year.

-Guidance:Full year revenue guidance: $25.2 - $25.8 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3163329/d-r-horton-inc-reveals-advance-in-q1-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

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