D.R. Horton, Inc. (NYSE: DHI) posted fourth-quarter results with earnings below expectations but revenue ahead of forecasts.
EPS came in at $3.04 versus the $3.29 consensus, while revenue reached $9.68 billion, topping estimates of $9.42 billion.
Homebuilding revenue was $8.5 billion on 23,368 homes closed in the quarter. Net sales orders increased 5% to 20,078 homes, and the total value of new orders rose 3% to $7.3 billion.
For fiscal 2026, D.R. Horton projected revenue of $33.5 billion to $35.0 billion versus Wall Street's $34.85 billion estimate and guided for 86,000 to 88,000 home closings.