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CENTEX SAYS HOME SALES, MORTGAGE APPLICATIONS ACCELERATING

 DALLAS, June 21 /PRNewswire/ -- Centex Corporation (NYSE: CTX) said today that, contrary to the implications of comments issued last Friday by Kidder Peabody analyst David Dwyer, Centex home sales and mortgage applications for the June 30, 1993 quarter are substantially ahead of last year's results for the same period. Centex said, in fact, that sales and applications had been accelerating progressively throughout the quarter and are stronger than the company had been expecting. Centex added it expects its June 30 financial results to be about 50 percent higher than those for the same quarter last year.
 -0- 6/21/93
 /CONTACT: Laurence E. Hirsch, chairman and chief executive officer, or Sheila E. Gallagher, vice president - corporate communications, 214-559-6500, both of Centex Corporation/
 (CTX)


CO: Centex Corporation ST: Texas IN: CPR SU:

MP -- NY038 -- 3987 06/21/93 10:47 EDT
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Publication:PR Newswire
Date:Jun 21, 1993
Words:140
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