DR Horton Reports Strong 1Q Earnings
January 26, 2015

DR Horton Reports Strong 1Q Earnings

Homebuilding bellwether, DR Horton, the largest homebuilder by revenue in the country, reported earnings of 39 cents a share or $142.5M for its fiscal year first quarter. This was up from 36 cents a share in the same period last year, and this year’s 1Q results beat the average analyst estimate by 4 cents a share. Revenue increased from $2.3B compared with $1.6B in the year ago period. In what has been emerging as a consistent theme for homebuilders this earnings season, gross margins fell to 19.8% from 22.3% a year earlier.

Read More

Previous Marblehead Gets Going Again
Next Building Activity Steps Up in the OC
Tags D.R. HortonEarnings
Category Homebuilders / Land Developers

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Homebuilder Sentiment Remains Steady
Homebuilders / Land Developers

Homebuilder Sentiment Remains Steady

Although the NAHB index of homebuilder sentiment slipped a point in January to 57, it has stayed buoyed at relatively high levels with readings above 50 for the past seven

KB Home Stock Hammered
Homebuilders / Land Developers

KB Home Stock Hammered

KB Home suffered its worst one-day percentage drop since Aug. 19, 1992 on Tuesday with a 16.3% decline. With lower than expected margins in the 4th quarter of 2014 and

Homebuilder Confidence Slips in February
Homebuilders / Land Developers

Homebuilder Confidence Slips in February

The National Association of Home Builders/Wells Fargo index fell to 55 from 57 in January. The drop was attributable to builders active in the Midwest where severe weather resulted in