Tag: $D.R. Horton

U.S. homebuilder D.R. Horton (DHI) posted first-quarter profit and revenue above Wall Street’s estimates on Tuesday, as its incentive offers for buyers ​and the Federal Reserve’s interest-rate cuts boosted home sales.

Shares of D.R. Horton Inc. rallied Thursday, after the home builder reported fiscal second-quarter profit and revenue that rose well above expectations and raised its full-year outlook, as the continued lack of housing supply helped boost sales.