Since the other thread was getting a little long and this is a new year, lets start a new housing thread. Congrats to all those who owned a house or property or the RE stocks, you profited mightily. For all those who are yelling crash and whatnot, seek help.
Profit Surges at Homebuilder D.R. Horton
"D.R. Horton Inc., a leading homebuilder, beat Wall Street's expectations Thursday with a 30 percent jump in profit for its latest quarter and raised its estimates for the fiscal year.
Looking ahead, the company said it now expects fiscal 2005 earnings to be in the range of $4.75 to $4.90 a share, up from its October projection of $4.50 to $4.70 a share. In fiscal 2004, the company earned $4.11 a share."
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The good times keep rolling with these guys. They must've had a good December to up estimates. To think we're in an "Rising rate environment." Ha!
For all those with disparaging comments, please keep it over at the housing is crashing threads. I would like this thread to reflect reality. Thank You.
Profit Surges at Homebuilder D.R. Horton
"D.R. Horton Inc., a leading homebuilder, beat Wall Street's expectations Thursday with a 30 percent jump in profit for its latest quarter and raised its estimates for the fiscal year.
Looking ahead, the company said it now expects fiscal 2005 earnings to be in the range of $4.75 to $4.90 a share, up from its October projection of $4.50 to $4.70 a share. In fiscal 2004, the company earned $4.11 a share."
-------
The good times keep rolling with these guys. They must've had a good December to up estimates. To think we're in an "Rising rate environment." Ha!
For all those with disparaging comments, please keep it over at the housing is crashing threads. I would like this thread to reflect reality. Thank You.
