D.R. Horton profit rises 4.6%
reported a 4.6% rise in quarterly profit on Tuesday,
driven by higher demand and cheaper mortgage rates.
Net income attributable to the company rose to $474.8
million, or $1.26 per share, in the third-quarter ended June 30,
from $453.8 million, or $1.18 per share, a year earlier.
Posted by Reuters