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0.000473148805299172 0.000709723207948927 -0.00141944641589785 -0.00378519044239422 -0.00141944641589785 -0.00331204163709488 -0.00733380648213869 -0.000709723207948927
Stock impact report

UPDATE 3-Demand for affordable homes fuel D.R. Horton profit beat, Pulte orders dip [Reuters (UK)]

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: Reuters
Demand for affordable homes fuel D.R. Horton profit beat, Pulte orders dip | Reuters 3 Min Read (Reuters) - D.R. Horton ( DHI.N ), the biggest U.S. homebuilder, on Thursday forecast revenue growth for 2019 after topping Wall Street quarterly profit estimates, underscoring strong housing demand. Over the past few years, homebuilders have enjoyed vigorous demand for affordable houses, bolstered by low interest rates, economic growth and an improving job market. But, higher building material costs, and shortages of land and labor are pushing homebuilders to raise home prices, diminishing affordability as more millennials and first-time buyers enter the housing market. An acute shortage of affordable homes in the United States will continue over the coming year, according to a recent Reuters poll, driving prices up faster than inflation and wage growth. D.R. Horton, based in Fort Worth, Texas, beat profit estimates for the seventh straight quarter. It raised the low end of its full-year Show less Read more
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