Countdown to D.R. Horton (DHI) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Analysts expect D.R. Horton (DHI) to report quarterly earnings of $2.41 per share, reflecting a year-over-year decline of 14.5$7.13 billion, down 7.7% from the previous year [1]. Revenue Estimates - Home sales revenue is estimated to be $6.79 billion, indicating a decrease of 6.6$180.88 million, down 6.1% from the prior year [4]. - Rental revenue is expected to reach $207.45 million, showing an increase of 6.2$6.86 billion, reflecting a 6% decline year-over-year [5]. Geographic Revenue Projections - Homebuilding revenue in the Northwest is expected to be $521.59 million, down 9.7$858.71 million, indicating an increase of 17.6% from the prior year [5]. - Homebuilding revenue in the Southwest is estimated at $974.10 million, down 7.4$1.46 billion, reflecting a decrease of 12.3% from the previous year [6]. Key Metrics - Analysts predict that the number of homes closed will be 17,963, down from 19,340 in the same quarter last year [7]. - Net sales orders for homes sold are expected to reach 18,485, compared to 18,069 in the previous year [7]. - The average selling price for homes closed is estimated at $375.67 million, slightly down from$376.20 million in the same quarter last year [8]. - The average selling price for sales order backlog is projected at $390.97 million, compared to$389.70 million a year ago [8]. Market Performance - D.R. Horton shares have decreased by 2.4% over the past month, compared to a 3.3% decline in the Zacks S&P 500 composite [8].