Homebuilder D.R. Horton sees weaker Q1 as high mortgage rates cool demand

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D. R. Horton (DHI) tops expectations as demographics supporting housing demand remain favorable.

November 7, 2023 8:01 AM EST

D. R. Horton (NYSE: DHI) reported its latest quarterly earnings before the open on Tuesday, topping consensus expectations and raising its dividend.

The home construction company reported Q4 EPS of $4.45, $0.52 better than the analyst estimate of $3.93, while revenue for the quarter came in at $10.05 billion, rising 9%... More