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D.R. Horton Falls 1.31% Ahead of October Earnings Report
The homebuilder lagged broader market indexes, while analysts expect lower quarterly revenue when the company reports results on October 29.
Key takeaways
- D.R. Horton closed at $133.23, down 1.31%, while the S&P 500 rose 0.66%.
- Consensus estimates call for $3.06 in quarterly earnings per share and $9.03 billion in revenue.
D.R. Horton closed at $133.23, down 1.31% in its latest trading session. The S&P 500 rose 0.66%, while the Dow gained 0.18% and the Nasdaq advanced 1.05%.
The homebuilder’s shares have fallen 5.43% over the past month. That lagged the Construction sector, which lost 2.15%, while the S&P 500 gained 0.55%.
D.R. Horton is scheduled to report earnings on October 29. The latest consensus estimate calls for earnings of $3.06 per share, up 0.66% from the same quarter last year, and revenue of $9.03 billion, down 6.66%.
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This article was produced with the help of AI technology. Source: Yahoo Finance
