D.R. Horton (DHI) Misses Q4 Earnings Estimates
D.R. Horton reported quarterly earnings of $2.67 per share, missing the consensus estimate of $3.03 per share, representing an 11.88% earnings surprise. While the company exceeded revenue expectations at $9.37 billion, unfavorable estimate revisions ahead of the earnings release resulted in a Zacks Rank #4 (Sell) rating, suggesting underperformance relative to the market. The homebuilder industry ranks in the bottom 5% of Zacks industries.