How D.R. Horton Posts Profit for Q1 for the first time since 2007?
Posted on February 02, 2010 at 10:30 AM EST
Home builder, D.R. Horton, Inc. (DHI), said Tuesday that it swung to a first quarter profit for the first time since 2007, helped by higher sales and a one-time tax benefit. The nation’s second-largest homebuilder, D.R. Horton Inc., reported fiscal first quarter net income of $192 million, or 56 cents per share, compared with a [...]