26.01.2015 - Construction company D.R. Horton improved results
Shares of the company D.R. Horton show growth against the background of strong financial performance for the first quarter of the fiscal year that ended on 31 December. The company's profit totaled 142.5 million dollars, or 39 cents per share, from 123.2 dollars, or 36 cents per share for the same period of the last year. Revenue rose to 2.25 billion. In recent years, the stock price lagged behind the growth of the market due to the uncertain data on the housing market in the country. We expect a further increase in prices in the medium term due to the growth in the construction market in the US and the expected growth of 12-15% by the end of the year.