D.R. Horton Inc
Horton, which competes with Lennar Corp
Orders are a leading indicator for builders, which do not recognize revenue until they close on a home.
October-December's net income was $27.7 million, or 9 cents a share, compared with a net loss of $20.4 million, or 6 cents a share, a year ago. Revenue rose 15 percent to $885.6 million.
Shares of the company closed at $14.12 on Thursday on the New York Stock Exchange.
(Reporting by Megha Mandavia in Bangalore; Editing by Don Sebastian)