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Stock impact report

Jim Cramer on D.R. Horton: “These Numbers Left Me Feeling Pleasantly Surprised” [Yahoo! Finance]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
Company Research Source: Yahoo! Finance
noted that the company's recently reported earnings report contained a “mixed set of numbers” and said: Let's talk about the recent resurgence in housing after a long period where this whole industry was a black eye on the face of the stock market. Yesterday morning, we got results from D.R. Horton… No, on the surface, I get it, Horton reported a mixed set of numbers. But the stock still surged nearly 6% yesterday in response because there were some real positives underneath. And if we can get another rate cut from the incoming Fed chief, this entire industry could get a real boost. It almost always does when you get a rate cut… If you're wondering why these results sent the stock up 6% yesterday, I still don't blame you. I mean, the truth is very simple. Horton's forward-looking metrics were encouraging. Whether you're talking in terms of units or dollars, Horton had much better than expected numbers across the board… Frankly, that consistent kind of talk was all the bulls needed Show less Read more
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