D.R. Horton profit jumps nearly 44 percent on higher home sales

November 10, 2015 11:24 AM

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D.R. Horton profit jumps nearly 44 percent on higher home sales

REUTERS: D.R. Horton Inc's quarterly profit jumped nearly 44 percent as the largest U.S. homebuilder sold more homes and the company said its orders rose 19 percent.

Orders, an indicator of future revenue for homebuilders, rose to 8.48 billion homes in the fourth quarter.

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