On Tuesday 29th October 2024, D.R. Horton (NYSE: DHI) will release its highly anticipated fourth quarter financial results. This important announcement is scheduled to occur before market open.
According to financial analysts on Wall Street, the firm is likely to announce an estimated per share $4.17 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $10.22 billion during this period.
The per-share income of $4.45 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $10.5 billion recorded during that specific period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $36.96 billion. Additionally, they predict that the earnings per share for the company will hit profit of $14.56 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q3 2024 | $4.10 | +5.1% | 9.97 B | +2.5% |
| Q2 2024 | $3.52 | +28.9% | 9.11 B | +14.2% |
| Q1 2024 | $2.82 | +2.2% | 7.73 B | +6.4% |
| Q4 2023 | $4.45 | -4.7% | 10.50 B | +9.0% |
| Q3 2023 | $3.90 | -16.5% | 9.73 B | +10.7% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 29th October 2024 at 08:30 AM eastern time to discuss Q4 financial results.
The previous trading day saw D.R. Horton (DHI) shares trading between $179.02 and $183.19, besides a volume of 1.96 million shares. The stock closed Friday's regular trading session at $179.24, marking 1.89 percent downfall.
