DR Horton Inc. reported unaudited consolidated earnings results for the first quarter ended December 31, 2012. For the quarter, the company reported net income of $66.3 million or $0.20 diluted earnings per share on revenue of $1,233.2 million against net income of $27.7 million or $0.09 diluted earnings per share on revenue of $885.6 million a year ago. Income before income taxes was $107.9 million against $29.2 million a year ago.

Net cash used in operating activities was $656.5 million and purchases of property and equipment was $14 million.