Homebuilder D.R. Horton falls after lowering annual revenue forecast

Shares of homebuilder D.R. Horton DHI.N fall 4% to $112.88 premarket

DHI now expects full-year revenue in the range of $33.3 billion to $34.8 billion, compared with its earlier forecast of $36 billion to $37.5 billion

Co posts Q2 sales of $7.73 billion, missing analysts' average estimate of $8.03 billion, according to data compiled by LSEG

Co reports Q2 adj profit of $2.58/share, vs analysts' estimate of $2.63/share

As of last close, DHI stock down 15.9% YTD