ARLINGTON, Texas (AP) — ARLINGTON, Texas (AP) — D.R. Horton Inc. (DHI) on Tuesday reported fiscal third-quarter earnings of $904.9 million.
On a per-share basis, the Arlington, Texas-based company said it had net income of $3.20.
The results exceeded Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $2.99 per share.
The homebuilder posted revenue of $9.23 billion in the period, also topping Street forecasts. Thirteen analysts surveyed by Zacks expected $9.18 billion.
D.R. Horton expects full-year revenue in the range of $32.5 billion to $33 billion.
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