Market Overview

D.R. Horton: Q4 Earnings Insights

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Shares of D.R. Horton (NYSE:DHI) rose 3.4% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 65.93% year over year to $2.24, which beat the estimate of $1.76.

Revenue of $6,400,000,000 rose by 27.01% year over year, which beat the estimate of $5,880,000,000.

Looking Ahead

D.R. Horton hasn't issued any earnings guidance for the time being.

The upcoming fiscal year's revenue expected to be between $24,000,000,000 and $25,000,000,000.

Conference Call Details

Date: Nov 10, 2020

Time: 08:30 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1700/37904

Recent Stock Performance

Company's 52-week high was at $81.21

52-week low: $25.51

Price action over last quarter: Up 0.75%

Company Overview

D.R. Horton is a leading homebuilder in the United States with operations in 90 markets across 29 states. D.R. Horton mainly builds single-family detached homes (90% of home sales revenue) and offers products to entry-level, move-up, luxury buyers, and active adults. The company offers homebuyers mortgage financing and title agency services through its financial services segment. D.R. Horton's headquarters are in Arlington, Texas, and it manages five regional homebuilding offices across the United States.

 

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Posted-In: Earnings News