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D.R. Horton Inc (DHI.N)

DHI.N on New York Stock Exchange

43.91USD
6:24pm BST
Change (% chg)

$0.15 (+0.34%)
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Open
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Volume
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52-wk High
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Thu, Apr 25 2019

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Homebuilder Horton avoids 2019 margin forecast, raises cost worries

D.R. Horton Inc forecast 2019 revenue below Wall Street estimates and did not provide an outlook on gross margin for the year, spooking investors who have been worried about the impact of rising costs on future profits.

UPDATE 3-Homebuilder Horton avoids 2019 margin forecast, raises cost worries

* Quarterly orders of 16,805 homes beat estimates (Adds details from conf. call, CEO and analyst comments; updates shares)

D.R. Horton 2019 home sales forecast largely below estimates

April 25 D.R. Horton Inc on Thursday forecast full-year home sales, the mid-point of which was below Wall Street expectations.

Homebuilder Horton hopes for better spring as higher prices bite

D.R. Horton Inc held out hope on Friday of improved demand for its homes in the spring selling season after a tough few months where higher prices and mortgage rates kept some buyers out of the market.

UPDATE 3-Homebuilder Horton hopes for better spring as higher prices bite

* Orders rise 2.7 pct in reported quarter (Adds details from conf call, analyst comment, background; Updates share price)

Higher home sales boost D.R. Horton first-quarter profit

Jan 25 U.S. homebuilder D.R. Horton Inc reported a 51.7 percent rise in quarterly profit on Friday, driven by increased demand for new houses as mortgage rates showed some signs of moderating from multi-year highs.

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