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D.R. Horton: Fiscal Q2 Earnings Snapshot

ARLINGTON, Texas (AP) — ARLINGTON, Texas (AP) — D.R. Horton Inc. (DHI) on Tuesday reported fiscal second-quarter net income of $647.9 million.

On a per-share basis, the Arlington, Texas-based company said it had profit of $2.24.

The results exceeded Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $2.15 per share.

The homebuilder posted revenue of $7.56 billion in the period, missing Street forecasts. Fourteen analysts surveyed by Zacks expected $7.66 billion.

D.R. Horton expects full-year revenue in the range of $33.5 billion to $34.5 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHI at https://www.zacks.com/ap/DHI

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
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