D.R. Horton reports mixed Q1 results: sales dip, but earnings beat forecasts, stock rises.

Homebuilder D.R. Horton reported mixed first-quarter results for fiscal 2025, with a slight 1% drop in sales to $7.61 billion but earnings per share of $2.61, beating expectations. Despite a soft housing market, the company's revenue and EPS exceeded forecasts, and its stock rose. D.R. Horton expects to close between 90,000 to 92,000 homes this year, with fiscal 2025 revenue projected between $36 billion and $37.5 billion. The company also announced plans for share repurchases and dividend payments.

3 months ago
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