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-0.000271284755276382 -0.00183651558572021 0.000958539468643637 -0.000274573055340449 -0.00915298322802551 -0.00356287311929781 -0.00224755309371487 -0.00179541183492078
Stock impact report

DR Horton Says 'Potential Homebuyers Have Been More Cautious' as Sales Sink [Yahoo! Finance]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
Company Research Source: Yahoo! Finance
The company also lowered its revenue and homes closed forecasts for the full fiscal year. D.R. Horton lifted its projections for stock buybacks in fiscal 2025. D.R. Horton ( DHI ) on Thursday announced fiscal second-quarter results with fewer ordered and closed homes than expected, as revenue and profit also fell short of analysts' estimates. The company reported earnings per share (EPS) of $2.58 on revenue of $7.73 billion, both below consensus forecasts of analysts compiled by Visible Alpha. D.R. Horton had 22,437 net sales orders in the quarter and closed on 19,276 homes, both down 15% year-over-year. Analysts had expected 26,384 net orders and 20,205 closings. "The 2025 spring selling season started slower than expected as potential homebuyers have been more cautious due to continued affordability constraints and declining consumer confidence," executive chairman David Auld said. The homebuilder cut its fiscal 2025 guidance for revenue and homes closed based on result Show less Read more
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