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Dec 31, 2019
D.R. Horton Q1 2020 Earnings Report
D.R. Horton reported earnings for Q1 2020 with EPS of $1.16.
Key Takeaways
D.R. Horton's first quarter fiscal 2020 results showed significant growth. Net income per diluted share increased 53% to $1.16, and net income attributable to D.R. Horton increased 50% to $431.3 million. Consolidated revenues rose by 14% to $4.0 billion, and consolidated pre-tax income increased by 39% to $523.3 million.
Net income per diluted share increased 53% to $1.16.
Net income attributable to D.R. Horton increased 50% to $431.3 million.
Consolidated revenues increased 14% to $4.0 billion.
Consolidated pre-tax income increased 39% to $523.3 million.
D.R. Horton
D.R. Horton
D.R. Horton Revenue by Segment
Revenue by Segment
Home Sales Revenue
CapyFin.comLand and Lot Sales Revenue
CapyFin.comFinancial Services Revenue
CapyFin.com Forward Guidance
The company updated its fiscal year 2020 guidance.
Positive Outlook
- Consolidated revenues of $18.5 billion to $19.1 billion
- Homes closed in the range of 60,000 homes and 61,500 homes
- Income tax rate between 23% and 24% for the second, third and fourth quarters of fiscal 2020
- Cash flow from homebuilding operations in excess of $1.0 billion
- Outstanding share count at end of fiscal 2020 down approximately 2% from end of fiscal 2019
Revenue & Expenses
Visualization of income flow from segment revenue to net income