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D R Horton Inc. (DHI) announced a profit for its fourth quarter that increased from last year.


RTTNews | Nov 10, 2020 06:38AM EST

06:38 Tuesday, November 10, 2020 (RTTNews.com) - D R Horton Inc. (DHI) announced a profit for its fourth quarter that increased from last year.

The company's profit totaled $829.0 million, or $2.24 per share. This compares with $505.3 million, or $1.35 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 27.0% to $6.40 billion from $5.04 billion last year.

D R Horton Inc. earnings at a glance:

-Earnings (Q4): $829.0 Mln. vs. $505.3 Mln. last year.-EPS (Q4): $2.24 vs. $1.35 last year.-Analysts Estimate: $1.76-Revenue (Q4): $6.40 Bln vs. $5.04 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3144736/d-r-horton-inc-q4-earnings-advance.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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