BUZZ-Homebuilder D.R. Horton up after Q1 results beat

** Shares of D.R. Horton DHI.N up ~6.2% at $156.72, premarket

** Reports Q1 rev of $7.6 billion, beating analysts estimates of $7.1 billion

** Q1 EPS of $2.61 above analysts' expectations of $2.36

** “Although the level of new and existing home inventories has increased from historically low levels, the supply of homes at affordable price points is generally still limited, and demographics supporting housing demand remain favorable," says David Auld, Executive Chairman

** Homebuilder reiterates its outlook for fiscal 2025, with consolidated revenues of ~$36.0 billion to $37.5 billion

** As of last close, shares up ~6% YTD after falling 8% in 2024

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))