D.R. Horton (DHI) reported lower Q3 earnings with revenue largely flat year-over-year, and it cut its full-year revenue outlook. The combination of weaker profitability and reduced forward guidance is a near-term headwind for the homebuilder/real-estate complex, with likely stock reaction in the 1–3% range.
D.R. Horton (DHI) reported lower Q3 earnings with revenue largely flat year-over-year, and it cut its full-year revenue outlook. The combination of weaker profitability and reduced forward guidance is a near-term headwind for the homebuilder/real-estate complex, with likely stock reaction in the 1–3% range.
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mildly negative
Sentiment Score
-0.35
Ticker Sentiment
