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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 ...
In the fourth quarter, D.R. Horton closed 22,928 homes, with the average closing price of $382,900, up 1% sequentially, executives noted on the earnings call. Net sales orders increased 39% to ...
D.R. Horton ended the quarter with a backlog of 19,237 homes valued at $7.4 billion, down 43% from the previous year and a larger backlog than the 18,800 homes expected by analysts.
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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 ...