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Stock Market & Financial Investment News

News Breaks
January 28, 2014
07:09 EDTDHID.R. Horton reports Q1 EPS 36c, consensus 29c
Reports Q1 revenue $1.64B, consensus $1.45B. Net sales orders increased 14% in value to $1.5B and 4% in homes to 5,454. Homes closed increased 33% in value to $1.6B and 19% in homes to 6,188. Sales order backlog increased 20% in value to $2.1B and 5% in homes to 7,684.
News For DHI From The Last 14 Days
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June 19, 2015
14:26 EDTDHIHomebuilders advance after KB Home reports earnings
Shares of homebuilder stocks are rallying in a down market after group member KB Home (KBH) reported second quarter EPS of 10c on revenue of $623M, beating consensus estimates of 8c and $619M, respectively. Net orders grew 33% to 3,015 in the current quarter, compared to 2,269 in the year-earlier quarter, largely driven by expansion in the company’s average community count. PRICE ACTION: In afternoon trading KB Home is up about 10% to $16.46. Other homebuilder stocks are moving up as well, with DR Horton (DHI) and PulteGroup (PHM) each up about 2% and Lennar (LEN) up 3%.

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