D.R. Horton Inc.

NYSE:DHI   3:59:59 PM EDT
92.52
-1.03 (-1.10%)
Other Pre-Announcement

D R Horton Q3 Earnings Per Share $3.06

Published: 07/22/2021 10:37 GMT
D.R. Horton Inc. (DHI) - Dr Horton, Inc., America’s Builder, Reports Fiscal 2021 Third Quarter Earnings and Declares Quarterly Dividend of $0.20 per Share.
Q3 Earnings per Share $3.06.
Q3 Earnings per Share Estimate $2.81 -- Refinitiv Ibes Data (analyst estimates).
Qtrly Homes Closed Increased 35% in Value to $7.0 Billion on 21,588 Homes Closed.
Qtrly Consolidated Revenues Increased 35% to $7.3 Billion.
Qtrly Net Sales Orders Increased 2% in Value to $6.4 Billion on 17,952 Homes Sold.
Homebuilding Revenue for Q3 of Fiscal 2021 Increased 35% to $7.1 Billion From $5.2 Billion in Same Quarter of Fiscal 2020.
at June 30, 2021, Company Had 47,300 Homes in Inventory.
Q3 Revenue View $7.19 Billion -- Refinitiv Ibes Data (analyst estimates).
Housing Market Conditions Remain Very Robust.
Have Slowed Our Home Sales Pace to More Closely Align to Our Current Production Levels.
Homebuyer Demand Exceeding Our Current Capacity to Deliver Homes Across All of Our Markets.
Have Slowed Our Home Sales Pace to More Closely Align to Our Current Production Levels.
Are Also Selling Homes Later in Construction Cycle When We Can Better Ensure Certainty of Home Close Date for Our Homebuyers.
Sees 2021 Consolidated Revenues of $27.6 Billion to $28.1 Billion.