D.R. Horton: Fiscal Q3 Earnings Snapshot
By AP News
Published - Jul 20, 2023, 06:39 AM ET
Last Updated - Jul 20, 2023, 06:39 AM EDT
ARLINGTON, Texas (AP) — ARLINGTON, Texas (AP) — D.R. Horton Inc. (DHI) on Thursday reported fiscal third-quarter earnings of $1.34 billion.
The Arlington, Texas-based company said it had net income of $3.90 per share.
The results topped Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $2.82 per share.
The homebuilder posted revenue of $9.73 billion in the period, also surpassing Street forecasts. Sixteen analysts surveyed by Zacks expected $8.35 billion.
