D.R. Horton forecasts upbeat revenue on strong housing demand

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Go back to D.R. Horton forecasts upbeat revenue on strong housing demand

D. R. Horton (DHI) gains as elevated property prices boost revenue

April 20, 2023 10:50 AM EDT

Shares of home construction company D. R. Horton (NYSE: DHI) jumped more than 7% in Thursday trading after the company topped consensus earnings and revenue expectations, while its revenue forecast also came in above estimates.

D. R. Horton reported Q2 EPS of $2.73, $0.80 better than the analyst estimate of $1.93, with revenue for... More