D.R. Horton Reports Earnings
Posted on November 12, 2012 at 08:08 AM EST
Homebuilder D.R. Horton (DHI) announced that quarterly profit was nearly triple that versus the same period last year due to increased sales and better margins. Net income was $100.1 million, or 30 cents per share, versus $35.7 million, or 11 cents per share in the same period last year. Revenue increased by 21 percent to $1.3 billion, and net sa...