D.R. Horton set to release Q3 results, analysts predict 28.5% drop in earnings
From Yahoo Finance: 2025-07-01 06:53:00
D.R. Horton, Inc., a leading national homebuilder, is set to release its third-quarter results on July 22. Analysts predict a non-GAAP earnings of $2.93 per share, a 28.5% drop from the previous year. Its stock has fallen 8.5% in the past 52 weeks, underperforming the market. Despite challenges, the consensus is moderately optimistic with a mean price target of $151.38.
In the second quarter, DHI’s revenue decreased by 15.1% to $7.7 billion, missing estimates due to affordability issues and declining consumer confidence. Adjusted EPS also fell by 26.7%, failing to meet consensus expectations. The company has a mix of ratings from analysts, with a mean price target suggesting a 17.4% upside potential from current levels.
For the current year, DHI’s earnings are expected to be $11.47 per share, down 20% from the previous year. However, in fiscal 2026, earnings are projected to increase by 5.2% to $12.07 per share. The company has shown a history of surpassing and missing earnings estimates, leading to a mix of analyst ratings.
Read more at Yahoo Finance: What to Expect From D.R. Horton’s Report