Tag Archives: Profit

D.R. Horton Profit Rises 46% – Wall Street Journal

D.R. Horton Inc.’s fiscal second-quarter earnings rose 46%, as the home builder recorded double-digit increases in orders, closings and home-building revenue. Expectations are rising for U.S. home builders as signs of a long-awaited recovery in … New House News Link

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Lennar’s 1Q profit falls, but beats Street view – Yahoo Finance

MIAMI (AP) — Lennar Corp.’s first-quarter profit dropped compared with results a year ago that got a lift from legal settlement. But the latest results from the nation’s third-biggest homebuilder beat analysts’ expectations as it delivered more … New House … Continue reading

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D.R. Horton Falls After Builder’s Profit Trails Estimates – Bloomberg

D.R. Horton Inc., the second-largest U.S. homebuilder by revenue, fell in New York trading after reporting a quarterly profit that missed analyst estimates. Net income was $ 35.7 million, or 11 cents a share, in the three months ended Sept. … Continue reading

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D. R. Horton Inc. Earnings Cheat Sheet: Revenues Fall, Bringing Down Profit – Yahoo Finance

S&P 500 component D. R. Horton Inc. saw profit fall amid falling revenue. D.R. Horton Incorporated is a homebuilding company which constructs and sells homes in the United States and provides mortgage financing and title agency services to homebuyers … … Continue reading

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Lennar posts bigger-than-expected profit – Yahoo Finance

NEW YORK (Reuters) – Homebuilder Lennar Corp (NYSE: LEN – News ) posted a larger-than-expected quarterly profit as it used more land bought at a discount, and said it expects a profitable 2011. The third-largest U.S. builder reported earnings of … Continue reading

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Homebuilders fault politics for woes – Victoria Times Colonist

Homebuilders fault politics for woesVictoria Times ColonistGreater Victoria homebuilders are on a "political roller-coaster ride" as multiple levels of governments nail on layers of taxes and new regulations that eat into already slim profit margins. … and more » read more

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Toll Posts a Profit as Sale Prices Rise – Wall Street Journal

Truro Daily News Toll Posts a Profit as Sale Prices RiseWall Street JournalToll Brothers Inc. swung to a fiscal-first-quarter profit as the luxury-home builder's average prices and sales rose. For the quarter ended Jan. 31, the Horsham, Pa., company reported … Continue reading

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California Housing Rebirth Lures Lennar, Dell With Bets on New Communities – Bloomberg

California Housing Rebirth Lures Lennar, Dell With Bets on New CommunitiesBloombergSource: Sitrick/Five Point Communities via Bloomberg Emile Haddad, a former Lennar Corp. executive, sold 12000 acres in California for a $277 million profit at the housing market's peak four years … Continue reading

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MDC Holdings posts quarterly loss, shares fall – Reuters

MDC Holdings posts quarterly loss, shares fallReutersMDC, known as Richmond American Homes, reported a net loss of $30.0 million, or 65 cents per share, compared with a profit of $127.2 million, … and more » read more

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Dealing with Distress Head On, Lennar Turning a Healthy Profit – CoStar Group

Dealing with Distress Head On, Lennar Turning a Healthy ProfitCoStar GroupWith the housing markets in distress, Miami-based homebuilder Lennar Corp. has proved correct the old adage that when life deals you a … read more

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