Industry News

Home builder D.R. Horton’s earnings sink

Chairman reports 'selling conditions are very difficult'
Published on Jul 20, 2006

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by CareyBot

Home builder D.R. Horton Inc. today announced net income of $292.8 million, which is 21.2 percent lower than third-quarter 2005 net income of $371.7 million. The company reported earnings of 93 cents per diluted share, compared with $1.17 per diluted ...