D.R. Horton Analysts Slash Their Forecasts After Weak Q4 Results

D.R. Horton DHI reported worse-than-expected fourth-quarter EPS and sales results on Tuesday. Sales fell 5% year-over-year to $10.0 billion, missing the consensus of $10.2 billion. Net sales orders increased 1% to 19,035 homes and decreased 2% in value at $7.1 billion. EPS was $3.92, missing the consensus of $4.17. D.R. Horton expects revenue of $36.0 billion -$37.5 billion versus the consensus of $39.4 billion. It expects homes closed to be 90,000 homes-92,000 homes for the year. DHI projects FY25 operatin ...