D.R. Horton shares are trading lower after the company reported worse-than-expected Q4 EPS and sales.
Portfolio Pulse from Benzinga Newsdesk
D.R. Horton shares declined following the release of disappointing Q4 earnings and sales figures.
October 29, 2024 | 10:44 am
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NEGATIVE IMPACT
D.R. Horton's Q4 earnings and sales figures were below expectations, leading to a decline in its stock price.
The company's reported earnings per share (EPS) and sales for Q4 were worse than analysts had anticipated. This negative surprise likely caused investors to sell off shares, resulting in a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100