Builder Horton Reports Higher Earnings, Sales

Ft. Worth, TX, Jan. 26, 2015 -- Homebuilder D.R. Horton reported that first quarter earnings rose to $142.5 million, or $0.39 a share, from $123.2 million, or $0.36 a share, in the same period a year ago.

Revenue rose to $2.25 billion from last year's $1.64 billion.

Homes closed increased 37% in value to $2.2 billion, and the number closed rose 29% to 7,973.