secwatch.observer — SEC 8-K summary
======================================

Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0000882184-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

D.R. Horton Q1 EPS $2.82 (+2% YoY), revenue $7.7B (+6%), orders jump 35%
------------------------------------------------------------------------

- Net income $947.4M ($2.82/diluted share) vs $958.7M ($2.76) in prior year quarter.
- Consolidated revenues up 6% to $7.7B; homes closed up 12% to 19,340 homes.
- Net sales orders surged 35% to 18,069 homes; cancellation rate improved to 19% from 27%.
- Declared quarterly dividend $0.30/share payable Feb 13 to holders of record Feb 6.
- Updated FY2024 guidance: revenue $36.0-37.3B, homes closed 87,000-90,000; reiterates $3B operating cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000088218424000009/0000882184-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000088218424000009/dhi-20240123.htm
  HTML page:      https://secwatch.observer/filing/0000882184-24-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer