D.R. Horton (DHI)

California homebuilder D. R. Horton Friday said it had a net loss for the fiscal fourth quarter ended Sept. 30 of $231.9 million, or 73 cents a share, compared with a year-earlier loss of $799.9 million, or $2.53 a share. Revenue slumped 44 percent to $1 billion as the number of completed sales dropped 31 percent.
Results missed Street estimates

Nov 20 · 1:21:00 PM · Source: Company News
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by Larry Etter