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Barchart
Kritika Sarmah

What You Need to Know Ahead of D.R. Horton’s Earnings Release

DR Horton DHI

Headquartered in Arlington, Texas, D.R. Horton, Inc. (DHI) is a prominent home construction company valued at $44.5 billion by market cap. As one of the largest homebuilders in the U.S., D.R. Horton specializes in constructing and selling single-family homes, townhomes, and condominiums. The company is set to announce its Q3 earnings for fiscal 2024 on Thursday, July 18.

Ahead of the event, analysts expect D.R. Horton to report a profit of $3.80 per share, down 2.6% from $3.90 per share in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in three of the last four quarters while missing on one other occasion.

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