Want to join the conversation?
In 2Q16, $DHI said financial services pretax income was $17.4MM compared to $21.5MM in 2Q15. 94% of the mortgage company's loan originations related to homes closed by the homebuilding operations. $DHI's mortgage company handled the financing for 53% of its homebuyers. First-time homebuyers represented 45% of the closings.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.