Thursday, April 19, 2007

D.R. Horton quarterly earnings fall

(Reuters) - The Fort Worth, Texas-based builder said results included charges totaling $81.2 million, or 16 cents per share for land options forfeited and for the lower value of inventory of land and houses it owns.

Analysts on average expected Horton to post earnings of 36 cents per share, according to Reuters Estimates.


Read more at Reuters.com Market News

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