Why D.R. Horton Stock Popped 11% Today [The Motley Fool]
D.R. Horton, Inc. (DHI)
Last d.r. horton, inc. earnings: 4/28 06:30 am
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Source: The Motley Fool
The homebuilder beat on sales and on earnings, and raised guidance for the year. Rich Smith ( TMFDitty ) Jul 26, 2018 at 6:48PM What happened Shares of homebuilder D.R. Horton ( NYSE:DHI ) closed 10.9% higher on Thursday after the company reported fiscal third-quarter 2018 earnings that beat Wall Street's predictions by a dime. Expected to report $1.08 per share in profit on sales of $4.3 billion, D.R. Horton instead reported earning $1.18 per share on sales of $4.4 billion. D.R. Horton hammered out another earnings beat today. Image source: Getty Images. So what Good as that earnings beat may feel, though, it doesn't come close to describing how great a quarter this was for D.R. Horton. The company sold 12% more new homes in Q3 this year than it had in last year's Q3, and charged more for them, driving sales up 13%. Operating profit
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DHI
News
- D.R. Horton, Inc. (NYSE: DHI) had its price target lowered by analysts at Royal Bank of Canada from $142.00 to $141.00. They now have an "underperform" rating on the stock.MarketBeat
- D.R. Horton, Inc. (NYSE: DHI) had its price target lowered by analysts at Bank of America Co. from $182.00 to $168.00. They now have a "buy" rating on the stock.MarketBeat
- D.R. Horton, Inc. (NYSE:DHI) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- D.R. Horton, Inc. (NYSE: DHI) had its price target raised by analysts at Jefferies Financial Group Inc. from $141.00 to $153.00. They now have a "hold" rating on the stock.MarketBeat
- D.R. Horton, Inc. (NYSE: DHI) had its price target lowered by analysts at Barclays PLC from $186.00 to $176.00. They now have an "overweight" rating on the stock.MarketBeat
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