Investing.com - DR Horton reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DR Horton announced earnings per share of $2.14 on revenue of $5.93B. Analysts polled by Investing.com anticipated EPS of $1.68 on revenue of $5.49B.
DR Horton shares are down 2% from the beginning of the year and are trading at $78.97 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 3.1% from the start of the year.
DR Horton follows other major Capital Goods sector earnings this month
DR Horton's report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
General Electric had missed expectations on Tuesday with fourth quarter EPS of $0.08 on revenue of $21.93B, compared to forecast for EPS of $0.0887 on revenue of $21.76B.
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