secwatch.observer — SEC 8-K summary
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Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0000882184-24-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

D.R. Horton Q3 EPS $4.10 (+5% YoY), revenue $10B (+2%), declares $0.30 dividend, new $4B buyback
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- Diluted EPS $4.10 on net income $1.35B; revenue $10.0B (+2%); homes closed 24,155 (+5%).
- Homebuilding pre-tax margin 17.0%; rental ops pre-tax income $64.2M vs $162.1M YoY.
- Declared $0.30/share dividend payable Aug 8; repurchased 3.0M shares for $441.4M in Q3.
- New $4.0B share repurchase authorization; FY2024 guidance: revenue $36.8-37.2B, 90k-90.5k closings.
- Liquidity $5.8B; debt-to-capital 18.8%; ROE 21.5%, homebuilding ROI 29.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000088218424000034/0000882184-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000088218424000034/dhi-20240718.htm
  HTML page:      https://secwatch.observer/filing/0000882184-24-000034

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