Edition:
United States

D.R. Horton Reports Q4 EPS Of $1.22


Thursday, 8 Nov 2018 07:35am EST 

Nov 8 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC., AMERICA’S BUILDER, REPORTS FOURTH QUARTER AND FISCAL 2018 EARNINGS AND INCREASES QUARTERLY DIVIDEND TO $0.15 PER SHARE.QTRLY NET INCOME ATTRIBUTABLE TO D.R. HORTON INCREASED 49% TO $466.1 MILLION OR $1.22 PER DILUTED SHARE.QTRLY HOMES CLOSED INCREASED 11% TO 14,674 HOMES AND 9% IN VALUE TO $4.4 BILLION.QTRLY NET SALES ORDERS INCREASED 11% TO 11,509 HOMES AND 10% IN VALUE TO $3.4 BILLION.SETS QUARTERLY DIVIDEND OF $0.15PER SHARE.HOMEBUILDING REVENUE FOR Q4 OF FISCAL 2018 INCREASED 8% TO $4.4 BILLION.HOMES IN INVENTORY AT SEPTEMBER 30, 2018 INCREASED 13% TO 29,700 HOMES, COMPARED TO 26,200 HOMES AT SEPTEMBER 30, 2017.QTRLY REVENUES $4,505.2 MILLION VERSUS $4,159.1 MILLION.Q4 EARNINGS PER SHARE VIEW $1.22, REVENUE VIEW $4.57 BILLION -- THOMSON REUTERS I/B/E/S.FISCAL 2018 NET SALES ORDERS INCREASED 13% TO 52,740 HOMES AND 13% IN VALUE TO $15.8 BILLION.