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D.R. Horton's Fiscal Q2 Earnings, Revenue Advance; 2024 Revenue Outlook Raised -- Shares Up Pre-Bell
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D.R. Horton's Fiscal Q2 Earnings, Revenue Advance; 2024 Revenue Outlook Raised -- Shares Up Pre-Bell
Apr 18, 2024 4:39 AM

07:01 AM EDT, 04/18/2024 (MT Newswires) -- D.R. Horton ( DHI ) reported fiscal Q2 earnings Thursday of $3.52 per diluted share, up from $2.73 a year earlier.

Analysts polled by Capital IQ expected $3.05.

Revenue for the quarter ended March 31 was $9.11 billion, up from $7.97 billion a year earlier.

Analysts surveyed by Capital IQ expected $8.23 billion.

For fiscal 2024, the home builder now expects revenue of $36.7 billion to $37.7 billion, up from the previous forecast of $36 billion to $37.3 billion. Analysts surveyed by Capital IQ expect $36.75 billion.

Shares of the company were up more than 2% in recent Thursday premarket activity.

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