DR Horton (DHI) Stock Declines Today Despite Earnings Beat

April 22, 2015 2:59 PM

59 0

DR Horton (DHI) Stock Declines Today Despite Earnings Beat

NEW YORK (TheStreet) -- DR Horton(DHI - Get Report) shares are down 5.3% to $27.10 in early market trading on Wednesday after the home building company reported its first quarter earnings results before the opening bell today.

The company reported a 13% increase in net income to $147.9 million, from $131 million, or 40 cents per share, beating analysts' earnings expectations for the period of 38 cents per share by two cents.

Also read: Defending champ Schwartzel shares lead at Alfred Dunhill

Read more

To category page

Loading...