D.R. Horton (DHI) Stock Up on Q2 Earnings Beat, Orders Rise
D.R. Horton(DHI) Zacks Investment Research·2024-04-19 00:26
D.R. Horton, Inc. (DHI) reported second-quarter fiscal 2024 (ended Mar 31, 2024) results, with earnings and revenues surpassing Zacks Consensus Estimate.Shares of the company rose 5% in the pre-market trading session on Apr 18.On a year-over-year basis, both the top and bottom lines increased. The upside was backed by the supply of new and existing homes as affordable price points remain limited and robust housing demand is supported by favorable demographics amid elevated inflation and mortgage/interest ra ...