SocraticGadfly: D.R. Horton loss almost double what the Street expected

February 07, 2008

D.R. Horton loss almost double what the Street expected

You know the housing slump is going to be problematic for a long time, now. Builder D.R. Horton had a major financial drop, losing 41 cents per share in its fiscal first quarter, compared with a Wall Street advance estimate of 25 cents per share.

The NYSE was down slightly this morning.

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