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Kritika Sarmah

RARE PHOTOS: D r horton earnings preview what to expect | Rare Historical Photos

DR Horton

Arlington, Texas-based D.R. Horton, Inc. (DHI) is a prominent home construction company valued at $60.2 billion by market cap. As one of the largest homebuilders in the U.S., D.R. Horton specializes in constructing and selling single-family homes, townhomes, and condominiums. The company is set to announce its Q4 earnings for fiscal 2024 on Tuesday, Oct. 29.

Ahead of the event, analysts expect D.R. Horton to report a profit of $4.14 per share, down 7% from $4.45 per share in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in three of the last four quarters while missing on one other occasion. In the previous quarter, it reported an EPS of $4.10, which exceeded the consensus estimate by 7.9%.

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