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D R Horton Inc. Reveals 10% Gain In Q4 Profit

D R Horton Inc. (DHI) reported a profit for its fourth quarter that increased from last year.

The company said its bottom line rose to $313.2 million, or $0.82 per share. This was higher than $283.6 million, or $0.75 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.82 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.5% to $4.07 billion. This was up from $3.65 billion last year.

D R Horton Inc. earnings at a glance:

-Earnings (Q4): $313.2 Mln. vs. $283.6 Mln. last year.
-Earnings Growth (Y-o-Y): 10.4%
-EPS (Q4): $0.82 vs. $0.75 last year.
-EPS Growth (Y-o-Y): 9.3%
-Analysts Estimate: $0.82
-Revenue (Q4): $4.07 Bln vs. $3.65 Bln last year.
-Revenue Change (Y-o-Y): 11.5%

by RTT Staff Writer

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