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| Centex Reports Record Second Quarter Results Centex Corporation announced record second quarter revenues, operating earnings and diluted earnings per share. Highlights of the quarter ended September 30, 2005 (compared to last year's second quarter): * Revenues increased 26% to $3.63 billion * Net earnings grew 59% to $335 million, which includes the benefit from a tax refund of $28 million or $0.21 per diluted share * Home Building operating margin was 15.9%, up 260 basis points * Home Building unit backlog rose 19%, dollar value grew 30% * Home closings increased 17%, sales (orders) rose 12% write your comments about the article :: © 2005 Construction News :: home page |