UPDATE: D.R. Horton Posts Better-Than-Expected FQ1 Profit
Posted on January 29, 2013 at 08:08 AM EST
D.R. Horton (NYSE: DHI ) reported a rise in its fiscal first-quarter net income. D.R. Horton's quarterly profit surged to $66.3 million, or $0.20 per share, versus $27.7 million, or $0.09 per share, in the year-ago period. However, analysts were expecting earnings of $0.14 per share. D.R. Horton also