UPDATE 2-D.R. Horton pulls forecast as coronavirus crisis dents home demand [Reuters]
D.R. Horton, Inc. (DHI)
Last d.r. horton, inc. earnings: 4/28 06:30 am
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Source: Reuters
D.R. Horton pulls outlook as sales cancellations rise amid coronavirus crisis (Reuters) - No.1 U.S. homebuilder D.R. Horton Inc ( DHI.N ) on Tuesday withdrew its earlier outlook for the full year, citing a rise in cancellations and a drop in sales orders in late March and early April due to the coronavirus crisis. “There is uncertainty regarding the extent and timing of disruption that COVID-19... will have on U.S. consumer confidence, demand for the company’s homes and availability of mortgage loans to homebuyers,” the company said. D.R. Horton’s gross sales orders in March rose 14% to 8,511 homes, but cancellations surged to 2,020 homes from 1,368 homes in the same period a year earlier. The company, which reported its preliminary results for the second quarter ended March, said home sales rose 8% to 14,539.
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News
- D.r. Horton (DHI) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- D.R. Horton (DHI) Stock Up on Q2 Earnings Beat, Orders Rise [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, D.R. Horton (DHI) Q2 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- D.R. Horton, Inc. (NYSE: DHI) had its "underperform" rating re-affirmed by analysts at Wedbush. They now have a $130.00 price target on the stock.MarketBeat
- D.R. Horton guides higher for FY2024 revenue after strong Q2 beat [Seeking Alpha]Seeking Alpha
DHI
Earnings
- 4/18/24 - Beat
DHI
Sec Filings
- 4/18/24 - Form 8-K
- 4/10/24 - Form SC
- 4/5/24 - Form SC
- DHI's page on the SEC website