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published in Blogs
Jul 30, 2022
DR Horton (DHI, $78.04) tops Q3 earnings expectations

DR Horton (DHI, $78.04) tops Q3 earnings expectations

DR Horton reported third quarter earnings that exceeded analysts' expectations, despite revenue missing estimates.

The homebuilding company’s earnings came in at $4.67 per share, compared to analysts’ expectations of $4.5 (per Investing.com poll).

Revenue of $8.79 billion fell short of analysts’ expectations of  $8.81 billion.

The company now expects full-year revenue in the range of $33.8 billion to $34.6 billion, lower than the prior guidance of $35.3 billion to $36.1 billion.

Related Tickers: DHI