D.R. Horton (DHI) Q3 Earnings & Revenues Surpass Estimates
DHID.R. Horton(DHI) ZACKS·2024-07-19 01:42

D.R. Horton, Inc. (DHI) reported third-quarter fiscal 2024 (ended Jun 30, 2024) results, with earnings and revenues surpassing Zacks Consensus Estimate. On a year-over-year basis, both the top and bottom lines increased.Despite elevated inflation and mortgage interest rates, D.R. Horton experienced strong performance in the fiscal third quarter due to the limited supply of both new and existing homes at affordable price points and favorable housing demand demographics. The company's strategic positioning wi ...