D.R. Horton reports $3.20 EPS and $9.23B revenue for Q3, topping forecasts, but full-year guidance falls short of expectations.
D.R. Horton (DHI) posted fiscal third-quarter earnings of $3.20 per share, exceeding analyst estimates by $0.21. Revenue reached $9.23 billion, flat year-over-year but $60 million above projections.
The homebuilder’s results surpassed consensus expectations, though full-year guidance trailed market forecasts. Prior-year Q3 revenue was also $9.23 billion, with earnings slightly lower at $2.99 per share.
Shares climbed 2.15% following the report, reflecting investor reaction to the mixed performance and outlook.