D.R. Horton gains after forecasting full year revenue beat

D.R. Horton

21/04/2026 12:34

** Shares of D.R. Horton DHI.N rise 2.9% at $157 in premarket trading

** Homebuilder sees full-year revenue of $33.5 billion-$34.5 billion, the midpoint of which is above analysts' average estimate of $33.81 billion, per data compiled by LSEG

** DHI Q2 EPS fell to $2.24 from $2.58 a year ago, revenue slipped to 7.56 billion from $7.73 billion

** Firm says expects sales incentives to remain elevated, with levels dependent on demand and mortgage interest rates

** As of last close, shares up 6.5% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))