D.R. Horton Inc. (NYSE: DHI) reported its financial results for the quarter ended March 31, 2020 today.
D.R. Horton posted a 37% jump in earnings helped by higher homebuilding revenue. The company experienced the impact of the COVID-19 pandemic on its operations and housing demand in late March and April. The results were affected by the changes in economic conditions that negatively impacted the housing, lot development, and financial services markets.
The demand for the company’s homes across all of its operating markets was impacted by the COVID-19 pandemic and the related widespread reductions in economic activity across the US. Month-to-date in April 2020, the company’s net sales orders are about 11% lower than last year.
Walt Disney (DIS): After a tough FY20, the pandemic is likely to take a toll on operations next year too
The Walt Disney Company (NYSE: DIS) had a tough time in fiscal year 2020 with the COVID-19 pandemic bringing its operations to a standstill like never before. The company incurred
The recent optimism about economic recovery waned slightly this week after jobless claims increased more-than-expected to about 778,000 amid concerns over a resurgence in coronavirus cases. With the healthcare system
Yunji Inc. (NASDAQ: YJ) Q3 2020 earnings call dated Nov. 26, 2020 Corporate Participants: Kaye Liu -- Investor Relations Director Shanglue Xiao -- Chairman of the Board of Directors and Chief Executive Officer Chen