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Shares of D.R. Horton sank by 9% Tuesday after the homebuilder reported weaker-than-expected quarterly orders and posted first quarter earnings per share that missed analyst estimates.
D.R. Horton, Inc. is an American home construction company based in Arlington, Texas. Since 2002, the company has been the largest homebuilder by volume in the United States. [2] [3] [4] The company ranked number 194 on the 2019 Fortune 500 list of the largest United States corporations by revenue. [5] The company operates in 90 markets in 29 ...
D.R. Horton said its purchase contracts slipped 5% to 23,142 homes, beating estimates for 19,618 homes. Meanwhile, contracts canceled for the three months ending March reached 18%, up from 16% ...
D.R. Horton (DHI) rides on accretive acquisitions and robust backlog. However, margin woes persist.
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NEW YORK (AP) — Justin Ryan Horton has two jobs. When he's not putting in 24-hour shifts as a firefighter, the 22-year-old is working as an administrative assistant for a local community college ...