D.R. Horton DHI releases its next round of earnings this Tuesday, November 12. Here's Benzinga's essential guide to D.R. Horton's Q4 earnings report.
Earnings and Revenue
D.R. Horton earnings will be near $1.25 per share on sales of $4.86 billion, according to analysts.
In the same quarter last year, D.R. Horton reported earnings per share of $1.22 on revenue of $4.50 billion. If the company were to match the consensus estimate when it reports Tuesday, EPS would be up 2.46%. Revenue would be up 7.88% from the year-ago period. Here's how the D.R. Horton's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 1.070 | 0.860 | 0.78 | 1.22 |
EPS Actual | 1.260 | 0.930 | 0.76 | 1.22 |
Stock Performance
For a full 12 months, the return has risen by 49.47%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on D.R. Horton stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
D.R. Horton is scheduled to hold a conference call at 8:30 a.m. ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/1700/31911
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.