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Fortune
Fortune
Alena Botros

CEO of $39 billion homebuilding empire says spring selling season is suppressed because of plummeting consumer confidence and affordability constraints

United States DR Horton
(Credit: Daniel Acker/Bloomberg via Getty Images)
  • D.R. Horton missed earnings estimates and slashed its revenue forecast through the year. The homebuilder now anticipates revenues between $33.3 billion to $34.8 billion—in the prior quarter, it anticipated revenues between $36 billion to $37.5 billion. 

The housing market revival we’re all waiting for is delayed once again. 

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