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D.R. Horton (DHI): Q4 2019 Earnings Snapshot

— D.R. Horton Inc. (NYSE: DHI) reported Q4 2019 earnings of $1.35 per share, vs. $1.25 expected.

— Revenues grew 11% to $5 billion, vs. $4.86 billion expected.

D.R. Horton reports Q4 2019 earnings results

— Homebuilding revenue rose 10% to $4.8 billion.

— Homes closed in the quarter increased 9% to 16,024.

— Net sales orders grew 14% to 13,130 homes.  

— FY20 consolidated revenue is expected to be $18.5 billion to $19 billion.

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