ARLINGTON, Texas (AP) _ D.R. Horton Inc. (DHI) on Tuesday reported fiscal fourth-quarter earnings of $1.34 billion.

The Arlington, Texas-based company said it had profit of $3.70 per share.

The results topped Wall Street expectations. The average estimate of 18 analysts surveyed by Zacks Investment Research was for earnings of $3.40 per share.

The homebuilder posted revenue of $8.11 billion in the period, also exceeding Street forecasts. Twelve analysts surveyed by Zacks expected $7.79 billion.

For the year, the company reported profit of $4.18 billion, or $11.41 per share. Revenue was reported as $27.77 billion.

D.R. Horton expects full-year revenue in the range of $32.5 billion to $33.5 billion.

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

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