D.R. Horton, Inc. (DHI) Misses Q3 EPS by 17c

D.R. Horton, Inc. (NYSE: DHI) reported Q3 EPS of $0.32, $0.17 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.08 billion.

Homes closed in the quarter increased 19% to 7,676, compared to 6,464 homes in the year ago quarter. Net income for the third fiscal quarter ended June 30, 2014 was $113.1 million, or $0.32 per diluted share, compared to $146.0 million, or $0.42 per diluted share in the same quarter of fiscal 2013.

For earnings history and earnings-related data on D.R. Horton, Inc. (DHI) click here.

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