UPDATE 3-D.R. Horton profit beats estimates; backlog strong

Posted on November 12, 2012 at 13:18 PM EST

Nov 12 (Reuters) - D.R. Horton Inc, the biggest U.S. home builder, posted higher-than-expected quarterly profit as its net sales rose 21 percent, closing its most profitable fiscal year since the housing peak in 2006.

Related Stocks:

Beazer Homes USA, Inc. D.R. Horton, Inc. Lennar Corp. Cl A Pulte Group

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