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Homebuilding

D.R. Horton expects Q4 backlog conversion rate to be 85 pct due to impact of hurricanes

Sept 25 (Reuters) - D.R. Horton Inc :D.R. Horton, Inc. updates its fourth quarter and fiscal year 2017 guidance.D.R. Horton Inc - ‍due to delays caused by recent hurricanes, co now expects its backlog conversion rate for Q4 of fiscal 2017 to be approximately 85 percent​.D.R. Horton Inc - ‍for fiscal...

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