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Business / Stock Market

DR Horton shares rise premarket as earnings beat offsets soft guidance

Published Nov 09 2021 at 11:50 AM GMT
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  • Shares of homebuilder DR Horton Inc rose 1 4% in premarket trade Tuesday, after it beat earnings estimates for its fiscal fourth quarter ended Sept.
  • The Arlington, Tx.-based company said it had net income of $1.
  • 70 a share, for the quarter, up from $829.
  • The FactSet consensus was for EPS of $3.
  • 2 billion in the same quarter of fiscal 2020.
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  • Published Nov 9, 2021 11:50 AM GMT