DR Horton: its accounts improve in the second quarter


(AOF) – For its second fiscal quarter 2024, the American construction company DR Horton indicates that its net profit per share increased by 29% to reach 3.52 dollars compared to 2.73 dollars a year ago in the same period. Net profit over this period increased by 24% to $1.18 billion, compared to $946.6 million a year earlier. Its revenues are up 14% and amount to $9.1 billion this quarter compared to $7.97 billion a year before.

During this second quarter, DR Horton paid cash dividends of $99.2 million. $199.1 million in dividends were paid during the first six months ended March 31, 2024.

Over this half-year, its revenues increased by 11% to reach $16.8 billion, compared to $15.2 billion for the same period of fiscal 2023.

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