DR Horton Inc reports results for the quarter ended December 31 - Earnings Summary

• DR Horton Inc DHI.N reported quarterly adjusted earnings of $2.61​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.82. The mean expectation of eighteen analysts for the quarter was for earnings of $2.36 per share. Wall Street expected results to range from $2.12 to $2.55 per share.

• Revenue fell 1.5% to $7.61 billion from a year ago; analysts expected $7.08 billion.

• DR Horton Inc's reported EPS for the quarter was $2.61​.

• The company reported quarterly net income of $844.9 million.

• DR Horton Inc shares had risen by 5.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.5% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 11 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the homebuilding peer group is also "hold"

Wall Street's median 12-month price target for DR Horton Inc is $175.00

This summary was machine generated from LSEG data January 21 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)