The United States' largest homebuilder D.R. Horton Inc reported a better-than-expected quarterly profit and raised it fiscal 2018 revenue and cash flow forecasts, helped by strong demand.
BRIEF-D.R. Horton Inc says experienced minimal damage to homes under construction in Houston
D.R. Horton Inc(DHI): * Says experienced minimal damage to homes under construction in Houston, teams have resumed full operations. * Says Florida divisions are currently assessing the storm’s damage and its potential impact on their operational schedules. * Says do not currently expect any impact to previously issued preliminary fiscal 2018 guidance.