Financial Results, New Launches, and Acquisitions - Research Report on DR Horton, JinkoSolar, Ryland Group, KB Home and Dycom Industries Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, November 29, 2013 NEW YORK, November 29, 2013 /PRNewswire/ -- Today, Analysts' Corner announced new research reports highlighting DR Horton Inc. (NYSE: DHI), JinkoSolar Holding Co., Ltd. (NYSE: JKS), Ryland Group Inc. (NYSE: RYL), KB Home (NYSE: KBH) and Dycom Industries Inc. (NYSE: DY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. DR Horton Inc. Research Report On November 12, 2013, D.R. Horton Inc. (D.R. Horton) reported its Q4 FY 2013and FY 2013 financial results (period ended September 30, 2013). During the quarter, Homebuilding revenue increased 40.0% YoY to $1.8 billion. Pre-tax income reported growth of 104.4% YoY to $202.8 million. Net income totaled $139.5 million, or $0.40 per diluted share, compared to $100.1 million, or $0.30 per diluted share, in the Q4 FY 2012. For full-year FY 2013, Homebuilding revenue increased 43.7% YoY to $6.1 billion. Pre-tax income reported growth of 170.8% YoY to $657.8 million. Net income totaled $462.7 million, or $1.33 per diluted share, compared to $956.3 million, or $2.77 per diluted share, in full-year FY 2012. Donald R. Horton, Chairman of the Board stated, "Our fourth quarter provided a solid finish to a great year. We are well-positioned to continue to profitably grow our operations during the recovery with a strong balance sheet, good liquidity and sufficient inventories of homes and finished lots. Fiscal 2014 is off to a strong start with a beginning backlog of 8,205 homes valued at $2.2 billion and increased year-over-year net sales in October." The Full Research Report on D.R. Horton Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://analystscorner.com/microwriter/link.php?s=DDD http://www.analystscorner.com/r/full_research_report/5d40_DHI -- JinkoSolar Holding Co., Ltd. Research Report On November 18, 2013, JinkoSolar Holding Co. Ltd. (JinkoSolar) reported its Q3 2013 financial results. The Company reported total revenues of RMB2 billion ($320.7 million), a 47.6% YoY increase. Income from operations came in at RMB244.3 million ($39.9 million) compared to loss from operations of RMB111.3 million in Q3 2012. Net income attributable to JinkoSolar ordinary shareholders for the quarter was RMB103.5 million ($16.9 million) compared to net loss attributable to JinkoSolar ordinary shareholders of RMB114.5 million in Q3 2012. Diluted earnings per American depositary share (ADS) were RMB4.40 ($0.72) compared with RMB5.16 in Q3 2012. Mr. Kangping Chen, JinkoSolar's CEO said "I believe our strong operational and financial performance demonstrates management's effectiveness and ability to execute its strategy. Having regained profitability for a second quarter, and having achieved net profitability for the entire year a quarter ahead of schedule, we are now devoting our substantial resources and attention towards growing our core PV business and to rapidly expanding our downstream business." The Company stated that for Q4 2013, it expects total solar module shipments to be in the range of 500MW to 530MW. The Full Research Report on JinkoSolar Holding Co., Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://analystscorner.com/microwriter/link.php?s= http://www.analystscorner.com/r/full_research_report/4c2b_JKS -- Ryland Group Inc. Research Report On November 25, 2013, Ryland Group Inc. (Ryland) announced the addition of Eastlake at Gleannloch Farms, one of Northwest Houston's most popular master-planned communities. The Company stated that homes in Eastlake, which range from 2,340-3,478 sq. ft., are currently being sold from Ryland's Northlake at Gleannloch Farms' model. Ryland added that residents have access to Highway 249 and will shortly be able to access the new Grand Parkway for travelling to The Woodlands and Exxon Mobil. The Full Research Report on Ryland Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://analystscorner.com/microwriter/link.php?s= http://www.analystscorner.com/r/full_research_report/7f8c_RYL -- KB Home Research Report On November 5, 2013, KB Home announced that it has purchased lots for two new communities in the Jacksonville, Florida i.e. Angora Bay in Orange Park and Whitmore Oaks in Mandarin, increasing the number of lots it owns or controls in northeast Florida by over 70% from one year ago. Todd Holder, President of KB Home's Jacksonville division commented, "It's been an exciting year for KB Home in Jacksonville, where the region's dynamic economy offers plenty of potential for long-term growth. In 2013, we strategically pursued opportunities to expand our business and uniquely positioned KB Home to meet rising homebuyer demand for new homes. With the positive momentum we've established in Jacksonville this year, we're looking forward to delivering the American dream of homeownership to many more Floridians well into 2014 and beyond." The Full Research Report on KB Home - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://analystscorner.com/microwriter/link.php?s= http://www.analystscorner.com/r/full_research_report/1780_KBH -- Dycom Industries Inc. Research Report On November 25, 2013, Dycom Industries Inc. (Dycom) released its Q1 FY 2014 financial results (period ended October 26, 2013). For the quarter, the Company reported contract revenues of $512.7 million, compared to $323.3 million in Q1 FY 2013. Non-GAAP adjusted EBITDA totaled $63.2 million, compared to $40.4 million in Q1 FY 2013. Net income totaled 18.7 million or $0.54 per common diluted share, compared to $11.9 million or $0.35 per common diluted share in Q1 FY 2013. For Q2 FY 2014, the Company anticipates revenue to range from $400.0 million to $420.0 million and diluted EPS to range from $0.03 to $0.09. The Full Research Report on Dycom Industries Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://analystscorner.com/microwriter/link.php?s= http://www.analystscorner.com/r/full_research_report/0833_DY ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Financial Results, New Launches, and Acquisitions - Research Report on DR Horton, JinkoSolar, Ryland Group, KB Home and Dycom
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