D. R. Horton (DHI) reported Q3 EPS of $4.67, $0.17 better than the analyst estimate of $4.50. Revenue for the quarter came in at $8.79 billion versus the consensus estimate of $8.81 billion.
GUIDANCE:
Based on the Company’s results for the first nine months of fiscal 2022, expected completion dates of homes under construction and current market conditions, D.R. Horton is updating its fiscal 2022 guidance as follows:
- Consolidated revenues in a range from $33.8 billion to $34.6 billion
- Homes closed between 83,000 and 85,000 homes