D.R. Horton's Fiscal Q3 Earnings, Revenue Increase; Adjusts Full-Year Guidance-March 2024-www.financetom.com

D.R. Horton's Fiscal Q3 Earnings, Revenue Increase; Adjusts Full-Year Guidance

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

D.R. Horton's Fiscal Q3 Earnings, Revenue Increase; Adjusts Full-Year Guidance

Jul 18, 2024 4:22 AM

06:49 AM EDT, 07/18/2024 (MT Newswires) -- D.R. Horton ( DHI ) reported fiscal Q3 earnings Thursday of $4.10 per diluted share, up from $3.90 a year earlier.

Analysts polled by Capital IQ expected $3.79.

Revenue for the quarter ended June 30 was $9.97 billion compared with $9.73 billion a year earlier.

Analysts polled by Capital IQ expected $9.61 billion.

D.R. Horton ( DHI ) said it now expects full-year revenue of $36.8 billion to $37.2 billion, from the previous range of $36.7 billion to $37.7 billion. Analysts polled by Capital IQ expect $36.9 billion.

The company also said its board approved up to a $4 billion share buyback program to replace its previous repurchase program.

Price: 157.00, Change: -0.51, Percent Change: -0.32

Previous page： EU trade commissioner discusses critical minerals, tariffs with US Next page： EXPLAINER-What is the World Trade Organization e-commerce moratorium?

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

EU trade commissioner discusses critical minerals, tariffs with US

Mar 28, 2026

YAOUNDE, March 28 (Reuters) - The European Union's ⁠trade commissioner said on Saturday he held a very positive meeting with U.S. Trade Representative Jamieson Greer on the sidelines of the World Trade Organization ministerial meeting in Cameroon. We agreed with the United States to further advance work on critical minerals, commissioner Maros Sefcovic said, adding that tariffs were also discussed....

EXPLAINER-What is the World Trade Organization e-commerce moratorium?

Mar 28, 2026

YAOUNDE, March 28 (Reuters) - The e-commerce moratorium is a global agreement among World Trade Organization members which bans customs duties being applied to electronic transmissions such as digital downloads and streaming. The policy was first adopted in 1998 at the WTO's Second Ministerial Conference in Geneva as part of a declaration to encourage early digital trade growth. It covers...

Schindler ready to oppose potential Kone-TK Elevator merger, CEO says

Mar 28, 2026

March 24 (Reuters) - Schindler will challenge any merger deal between rivals Kone and TK Elevator before antitrust authorities, the head of the Swiss lift maker told Reuters on Tuesday. Bloomberg News reported last week that Finland's Kone was in talks to buy TK Elevator (TKE), citing sources familiar with the matter. A merger between the two companies would create the...

On Canada's tariff frontline, business stalls over US trade deal jitters

Mar 28, 2026

WINDSOR, Ontario, March 28 (Reuters) - Windsor-based FASTSIGNS, a Canadian company that designs and installs custom business signs and graphics, last year endured its toughest year since the pandemic as orders from its core automotive clients dried up. A new project launch this year brought some relief, but the company says customers are demanding longer payment terms, placing smaller orders,...