D.R. Horton, Inc. (NYSE:DHI) is set to announce fourth quarter earning results on Tuesday 10th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, DHI to report 4Q20 income of $ 1.76 per share.
For the full year, analysts anticipate top line of $ 19708.30 million, while looking forward to income of $ 5.89 per share bottom line.
The Company Outlook
Revenue for 4Q20 are expected in a range of $ 5,500.00 million ~ $ 5,800.00 million
Full Year 2020 topline are forecasted in a range of$ 18,500.00 million ~ $ 19,100.00 million
Click Here For More Historical Outlooks Of D.R. Horton, Inc.
Previous Quarter Performance
D.R. Horton, Inc. announced income for the third quarter of $ 1.72 per share, from the revenue of $ 5,390.00 million. The quarterly earnings boosted 36.51 percent while revenues improved 9.86 percent compared with the same quarter last year.
According to street consensus, DHI was expected to report 3Q20 income of $ 1.30 per share from revenue of $ 5132.94 million. The bottom line results beat street analysts by $ 0.42 or 32.31 percent, at the same time, top line results outshined analysts by $ 257.06 million or 5.01 percent.
Stock Performance
Shares of D.R. Horton, Inc. traded low $ -5.66 or -8.02 percent on Monday, reaching $ 64.95 with volume of 7.22 million shares. D.R. Horton, Inc. has traded high as $ 72.34 and has cracked $ 64.82 on the downward trend
According to the previous trading day, closing price of $ 64.95, representing a 176.79 % increase from the 52 week low of $ 25.51 and a 13.05 % decrease over the 52 week high of $ 81.21.
The company has a market capital of $ 23.62 billion and is part of the Consumer Cyclical sector and Residential Construction industry.
Recent Analyst recommendations
- On 26th October 2020, upgraded by Raymond James to Outperform from Market Perform rating
Conference Call
D.R. Horton, Inc. will be hosting a conference call at 8:30 AM eastern time on 10th November 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.drhorton.com
D.R. Horton, Inc. operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States.
