D. R. Horton (DHI) Tops Q1 EPS by 23c, provides guidance

D. R. Horton (NYSE: DHI) reported Q1 EPS of $2.61, $0.23 better than the analyst estimate of $2.38. Revenue for the quarter came in at $7.61 billion versus the consensus estimate of $7.12 billion.

GUIDANCE:

D. R. Horton sees FY2025 revenue of $36-37.5 billion, versus the consensus of $37.087 billion.

Homes closed by homebuilding operations of 90,000 homes to 92,000 homes
Consolidated cash flow provided by operations greater than fiscal 2024
Dividend payments of approximately $500 million

The Company is updating its fiscal 2025 guidance as follows:

Income tax rate of approximately 24.0%
Share repurchases in the range of $2.6 billion to $2.8 billion

The Company plans to also provide guidance for its second quarter of fiscal 2025 on its conference call today.

For earnings history and earnings-related data on D. R. Horton (DHI) click here.

You May Also Be Interested In

• Citrini flags overheating concerns as leverage, chip rally weigh on KOSPI
• Pfizer executive says China now leads Europe in drug innovation
• SpaceX Draws $89 Billion Peak Demand For Debut High-grade Bond - Bloomberg