secwatch.observer — SEC 8-K summary
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Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0000882184-23-000089
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

D.R. Horton Q3 EPS $3.90, revenue up 11% to $9.7B, orders surge 37%
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- Net income $1.3B ($3.90 diluted EPS) vs $1.6B ($4.67) in prior-year quarter; down 19% and 16% respectively.
- Consolidated revenues $9.7B (+11% YoY); home closings 22,985 homes (+8%), net sales orders 22,879 homes (+37%).
- Rental operations pre-tax income $162.1M on $667.1M revenue vs $42.6M on $109.7M a year ago.
- Declared quarterly cash dividend $0.25 per share, payable Aug 14, 2023 to holders of record Aug 7.
- Updated FY2023 guidance: consolidated revenues $34.7-35.1B; homes closed 82,800-83,300.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000088218423000089/0000882184-23-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000088218423000089/dhi-20230720.htm
  HTML page:      https://secwatch.observer/filing/0000882184-23-000089

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