DR Horton beats profit estimate, raises 2018 forecast
- D.R. Horton reported a better-than-expected profit and raised its fiscal 2018 revenue and cash flow forecasts.
- Thursday’s results from Horton showed orders at the country’s largest housebuilder climbed 18.2 percent to 10,333 homes in the quarter ended Sept. 30.
- The average selling price rose 3.2 percent to $306,502.
Published 12:20 PM ET Thu, 9 Nov 2017