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Unlocking Q4 Potential of D.R. Horton (DHI): Exploring Wall Street Estimates for Key Metrics
DHID.R. Horton(DHI) ZACKS·2024-10-24 14:21

Core Insights - Analysts project D.R. Horton (DHI) will report quarterly earnings of 4.16pershare,adeclineof6.54.16 per share, a decline of 6.5% year over year, with revenues expected to reach 10.25 billion, down 2.4% from the same quarter last year [1] Revenue Estimates - Estimated 'Revenues- Home sales- Homebuilding' is projected at 9.28billion,indicatingayearoveryearincreaseof5.79.28 billion, indicating a year-over-year increase of 5.7% [2] - 'Revenues- Financial Services' is forecasted to reach 242.77 million, reflecting a year-over-year growth of 10.6% [2] - 'Revenues- Rental' is expected to be 592.24million,showingasignificantdeclineof57.3592.24 million, showing a significant decline of 57.3% from the prior-year quarter [2] Homebuilding Metrics - The consensus estimate for 'Revenues- Homebuilding' stands at 9.31 billion, representing a 5.8% increase from the year-ago quarter [3] - 'Homes Closed' is predicted to reach 24,301, up from 22,928 in the same quarter last year [3] - 'Net sales order - Homes sold' is estimated at 20,333, compared to 18,939 from the previous year [3] - 'Sales order backlog - Value' is projected to be 5.11billion,downfrom5.11 billion, down from 5.92 billion in the same quarter last year [3] - 'Net sales order - Value' is expected to arrive at 7.71billion,comparedto7.71 billion, compared to 7.25 billion in the same quarter last year [3] Sales Order Backlog - 'Sales order backlog - Homes in backlog - Northwest' is estimated at 613, up from 547 year-over-year [4] - 'Sales order backlog - Homes in backlog - North' is expected to be 1,627, compared to 1,458 last year [4] - 'Sales order backlog - Value - Northwest' is projected to reach 325.86million,upfrom325.86 million, up from 278.10 million year-over-year [4] - 'Sales order backlog - Value - North' is expected to be 715.37million,comparedto715.37 million, compared to 617.70 million last year [4] Stock Performance - D.R. Horton shares have declined by 3.7% over the past month, contrasting with a 1.5% increase in the Zacks S&P 500 composite [4]