D.R. Horton reports $27 million profit for fiscal first quarter
D.R. Horton (DHI: 14.12 0.00%) started its fiscal year with a double-digit profit for the first quarter.
The Fort Worth, Texas-based homebuilder earned $27.7 million, or 9 cents a share, for the three months ended Dec. 31, compared to a loss of $20.4 million, or 6 cents a share, a year earlier.
Revenue in the first quarter [...]...
Published By: HousingWire - Friday, 27 January
