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D R Horton Inc. Bottom Line Rises In Q3

D R Horton Inc. (DHI) reported earnings for its third quarter that advanced from last year.

The company's profit came in at $453.8 million, or $1.18 per share. This compares with $289.0 million, or $0.76 per share, in last year's third quarter.

Analysts had expected the company to earn $1.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.5% to $4.44 billion from $3.78 billion last year.

D R Horton Inc. earnings at a glance:

-Earnings (Q3): $453.8 Mln. vs. $289.0 Mln. last year.
-EPS (Q3): $1.18 vs. $0.76 last year.
-Analysts Estimate: $1.08
-Revenue (Q3): $4.44 Bln vs. $3.78 Bln last year.

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