D.R. Horton Q4 EPS $4.45 Beats $3.93 Estimate, Sales $10.50B Beat $10.01B Estimate
Portfolio Pulse from Benzinga Newsdesk
D.R. Horton reported Q4 earnings of $4.45 per share, beating the analyst consensus estimate of $3.93 by 13.23%. However, this is a 4.71% decrease from the same period last year. The company also reported quarterly sales of $10.50 billion, beating the analyst consensus estimate of $10.01 billion by 4.94%, and marking an 8.97% increase from the same period last year.
November 07, 2023 | 11:31 am
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D.R. Horton's Q4 earnings and sales beat analyst estimates, but earnings decreased compared to the same period last year.
D.R. Horton's earnings beat analyst estimates, which is generally a positive signal for the stock. However, the decrease in earnings compared to the same period last year might raise concerns among investors. The increase in sales could offset these concerns to some extent.
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