D.R. Horton profit rises on tax benefit
D.R. Horton Inc's
The biggest U.S. homebuilder by closings in 2010, Horton posted on Friday earnings for the second fiscal quarter ended March 31 of $27.8 million, or 9 cents per share, compared with a profit of $11.4 million, or 4 cents per share, last year.
(Reporting by Helen Chernikoff; Editing by Derek Caney)
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