D.R. Horton reported strong quarterly earnings with an EPS of $3.20 and revenue of $9.23 billion, both exceeding analyst expectations. The results were driven by a 4% increase in home-closing volumes, totaling nearly 24,000 homes, along with contributions from its Rental, Forestar, and Financial Services segments. However, the company faced challenges as its home sales gross margin dropped to 20.7% and cancellations rose to 20%, prompting a downward revision of its fiscal 2026 revenue guidance. Financially, D.R. Horton remains solid with a low debt-to-equity ratio of 0.29 and a healthy current ratio of 3.38, indicating strong leverage and liquidity despite a tough housing market environment.
D.R. Horton reported Q3 earnings per share of $3.20, beating estimates, and revenues of $9.23 billion, slightly above expectations. Goldman Sachs raised its price target to $190 and maintained a "Buy" rating, signaling strong growth potential. Despit...
D.R. Horton is set to release its Q3 earnings before the market opens on July 21, with analysts forecasting earnings of $2.99 per share, down from $3.36 last year, and revenue of $9.17 billion, slightly below last year's $9.23 billion. Despite a rece...
