From Financial Modeling Prep: 2025-04-17 14:19:00

D.R. Horton (NYSE:DHI) shares rose 3% despite missing Q2 earnings estimates. Earnings were $2.58 per share, below the expected $2.67. Revenue was $7.7 billion, beating expectations but down 15% from last year’s $9.1 billion.

Sales slowed due to buyer hesitation from affordability issues and softening consumer sentiment. Net sales orders fell 15% to 22,437 homes worth $8.4 billion. Closings dropped 15% to 19,276 units in the quarter.

Full-year revenue guidance was lowered to $33.3 billion to $34.8 billion, below the $36.14 billion consensus. Housing market challenges persist with higher borrowing costs impacting demand.



Read more at Financial Modeling Prep:: D.R. Horton Misses Earnings & Cuts 2025 Forecast, …