ARLINGTON, Texas (AP) — ARLINGTON, Texas (AP) — D.R. Horton Inc. (DHI) on Thursday reported fiscal third-quarter earnings of $1.35 billion.
On a per-share basis, the Arlington, Texas-based company said it had profit of $4.10.
The results beat Wall Street expectations. The average estimate of 19 analysts surveyed by Zacks Investment Research was for earnings of $3.80 per share.
The homebuilder posted revenue of $9.97 billion in the period, which also topped Street forecasts. Sixteen analysts surveyed by Zacks expected $9.68 billion.
D.R. Horton expects full-year revenue in the range of $36.8 billion to $37.2 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHI at https://www.zacks.com/ap/DHI
