Industry News

D.R. Horton profits surge on new-home sales

Home builder reports $372 million in quarterly profits
Published on Jul 22, 2005

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by CareyBot

One of the nation’s largest home builders, D.R. Horton, on Thursday reported net earnings climbed 48 percent to $371.7 million, or $1.17 a share, for the quarter ended June 30. Third-quarter consolidated revenue increased 21 percent to $3.4 billion, from ...