Reports Q4 revenue $10B, consensus $10.22B. David Auld, Executive Chairman, said, “The D.R. Horton (DHI) team produced a solid fiscal 2024, highlighted by consolidated pre-tax income of $6.3 billion on $36.8 billion of revenues and a pre-tax profit margin of 17.1%. Earnings per diluted share in fiscal 2024 increased 4% to $14.34. Our consolidated cash flow from operations for fiscal 2024 was $2.2 billion, and we returned all of the cash we generated this year to shareholders through share repurchases and dividends. Over the past five years, we generated $9.0 billion of cash flow from operations, and we reduced our outstanding share count by 12%.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on DHI:
- Is DHI a Buy, Before Earnings?
- D.R. Horton upgraded to Neutral from Underperform at Wedbush
- D.R. Horton price target raised to $215 from $196 at BofA
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.