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Recap: D.R. Horton Q1 Earnings


Benzinga | Jan 26, 2021 07:08AM EST

Recap: D.R. Horton Q1 Earnings



Shares of D.R. Horton (NYSE:DHI) moved higher by 0.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 114.00% over the past year to $2.14, which beat the estimate of $1.69.

Revenue of $5,933,000,000 rose by 47.55% year over year, which beat the estimate of $5,500,000,000.

Guidance

The upcoming fiscal year's revenue expected to be between $25,200,000,000 and $25,800,000,000.

Details Of The Call

Date: Jan 26, 2021

Time: 08:30 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1700/39231

Recent Stock Performance

52-week high: $81.21

52-week low: $25.51

Price action over last quarter: Up 8.46%

Company Overview

D.R. Horton is a leading homebuilder in the United States with operations in 90 markets across 29 states. D.R. Horton mainly builds single-family detached homes (90% of home sales revenue) and offers products to entry-level, move-up, luxury buyers, and active adults. The company offers homebuyers mortgage financing and title agency services through its financial services segment. D.R. Horton's headquarters are in Arlington, Texas, and it manages five regional homebuilding offices across the United States.






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