D.R. Horton Sees FY25 Revenue $36B-$37.5B Vs $39.4B Est.
Portfolio Pulse from Benzinga Newsdesk
D.R. Horton has projected its fiscal year 2025 revenue to be between $36 billion and $37.5 billion, which is below the estimated $39.4 billion.
October 29, 2024 | 10:37 am
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NEGATIVE IMPACT
D.R. Horton has announced a revenue forecast for FY25 that is below market expectations, projecting $36B-$37.5B compared to the $39.4B estimate.
The revenue forecast for FY25 is below the market estimate, which could lead to negative sentiment among investors and potential short-term pressure on D.R. Horton's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100