D.R. Horton up after results; January off to strong start
FQ1 (ending Dec. 31) net income of $142.5M or $0.39 per share vs. $123.2M and $0.36 one year ago. Closings of 7,973 homes up 29% Y/Y. Net sales orders of 7,370 up 40%. Backlogs of 9,285 up 21%. CEO Donald Horton: "Our weekly sales pace has accelerated in January." Conference call at 10 ET Previously: D. R. Horton beats by $0.05, beats on revenue (Jan. 26) DHI +1.1% premarket
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