Is a Beat in Store for D.R. Horton (DHI) in Q1 Earnings?
DHID.R. Horton(DHI) Zacks Investment Research·2024-01-23 00:16

D.R. Horton Inc. (DHI) is slated to report first-quarter fiscal 2024 (ended Dec 31, 2023) results on Jan 23, before the opening bell.In the last reported quarter, the company’s earnings and revenues surpassed the Zacks Consensus Estimate by 11.8% and 4.5%, respectively. Yet, earnings of this homebuilding company declined 4.7%, but revenues were up 9% from the year-ago reported figures.Markedly, D.R. Horton reported better-than-expected earnings in 18 of the last 19 quarters.The Trend in Estimate RevisionThe ...