D.R. Horton Swings to First Quarterly Profit in Three Years (DHI)
Posted on February 02, 2010 at 08:53 AM EST
Home builder D.R. Horton, Inc. (DHI) said Tuesday that it swung to a first quarter profit, helped by higher sales and a one-time tax benefit. The Fort Worth, Texas-based company reported fiscal first quarter net income of $192 million, or 56 cents per share, compared with a net loss of $62.6 million, or 20 cents per [...]