D.R. Horton Reports Strong FQ3 Earnings Despite Below-Expectation Guidance
D.R. Horton's fiscal third-quarter earnings exceeded analyst estimates, driven by homebuilding revenue, but its full-year guidance fell short of expectations. GAAP EPS came in at $3.20 (beating by $0.21), and revenue reached $9.23 billion (flat year-over-year) with a beat of $60 million.
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Topics: earnings GAAP EPS homebuilding