Core Viewpoint - The market anticipates a year-over-year decline in D.R. Horton's earnings due to lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - D.R. Horton is expected to report quarterly earnings of 7.13 billion, down 7.7% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [4]. - The Most Accurate Estimate for D.R. Horton is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.76% [10]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a favorable Zacks Rank [8]. - D.R. Horton currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [11]. Historical Performance - In the last reported quarter, D.R. Horton was expected to post earnings of 3.92, resulting in a surprise of -6.67% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [13]. Conclusion - While D.R. Horton does not appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].
Earnings Preview: D.R. Horton (DHI) Q1 Earnings Expected to Decline