D.R. Horton Beats Revenue Forecast Despite Tepid Sales
D.R. Horton's narrowed revenue forecast still beats analyst estimates. Shares rose Tuesday as the U.S. builder navigates high costs from inflation and tariffs.
D.R. Horton reported a narrowed annual revenue forecast that nonetheless surpassed analyst expectations, sending its shares up nearly 4% in pre-market trading on Tuesday. The Arlington, Texas-based homebuilder is navigating a complex economic landscape in the United States, where persistent inflation and trade policies are impacting the construction sector. The company now projects its 2026 consolidated revenue to fall between $33.5 billion and $34.5 billion. While this is a slight adjustment from the previous range of $33.5 billion to $35 billion, the midpoint of $34 billion remains higher than the $33.8 billion anticipated by analysts, according to data compiled by LSEG.
