From Nasdaq:

Here’s a simple summary of the article:
D.R. Horton (DHI) is a stock to consider when looking for one that consistently beats earnings estimates. The previous two reports show an average surprise of 25.05%. For the most recent quarter, the expected earnings were $3.98 per share and the actual earnings were $4.45 per share. The company’s Earnings ESP is currently +3.10%, indicating potential for another earnings beat in the future.

It’s important to note that a negative Earnings ESP reduces its predictive power, and beating the consensus EPS estimate may not be the sole reason a stock moves higher. It is recommended to check a company’s Earnings ESP ahead of its quarterly release to increase the odds of success.

The article mentions a little-known chemical company with unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares. The company is up 65% over last year and has the potential to double, with a price that’s still dirt cheap.

Lastly, it’s noted that Dr. Horton’s next earnings report is expected to be released on January 23, 2024. The information provided by Zacks Investment Research.



Read more: Why D.R. Horton (DHI) Could Beat Earnings Estimates Again