Edition:
United States

D.R. Horton Inc Reports Fiscal 2019 First Quarter Earnings


Friday, 25 Jan 2019 06:30am EST 

Jan 25 (Reuters) - D.R. Horton Inc ::D.R. HORTON, INC., AMERICA’S BUILDER, REPORTS FISCAL 2019 FIRST QUARTER EARNINGS AND DECLARES QUARTERLY DIVIDEND OF $0.15 PER SHARE.QTRLY NET SALES ORDERS INCREASED 3% TO 11,042 HOMES AND WERE UNCHANGED IN VALUE AT $3.2 BILLION.QTRLY HOMES CLOSED INCREASED 7% TO 11,500 HOMES AND 7% IN VALUE TO $3.4 BILLION.QTRLY EARNINGS PER SHARE $0.76.HOMEBUILDING REVENUE FOR Q1 2019 UP 6% TO $3.4 BILLION FROM $3.2 BILLION.D.R. HORTON - HOMES CLOSED INCREASED 7% TO 11,500 HOMES AND 7% IN VALUE TO $3.4 BILLION AT QUARTER-END.HAD 33,700 HOMES IN INVENTORY AT DECEMBER 31, 2018.D.R. HORTON - CONTINUE TO SEE GOOD DEMAND, LIMITED SUPPLY OF HOMES AT AFFORDABLE PRICES ACROSS OUR MARKETS.D.R. HORTON - QTRLY REVENUES $3,519 MILLION VERSUS $3,332.7 MILLION.D.R. HORTON SAYS ECONOMIC FUNDAMENTALS & FINANCING AVAILABILITY REMAIN SOLID.Q1 EARNINGS PER SHARE VIEW $0.78, REVENUE VIEW $3.51 BILLION -- REFINITIV IBES DATA.