(CercleFinance.com) – Home builder DR Horton publishes net profit of $1.5 billion for its fourth quarter 2022-23, or $4.45 per share, compared to EPS of $4.67 a year. year earlier, for revenues up 9% to 10.5 billion.
‘Despite the continued rise in mortgage rates and inflationary pressures, our net orders increased by 39%, as the supply of affordable homes remains limited and demographic data remains favorable,’ he emphasizes.
DR Horton announces a 20% increase in its quarterly dividend to $0.30 per share, payable on November 28, and says it is targeting around $36 billion to $37 billion in revenue in 2023-24, up from $35.5 billion. over the entire past year.
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