Jul. 21 at 1:00 PM
Classic beat and lower print for
$DHI as Q3 earnings land. The homebuilder topped near-term estimates, but downside guidance is putting a dampener on the tape.
Q3 Results:
EPS:
$3.20 (Beat consensus by
$0.23)
Revenue:
$9.23B (Flat YoY, beating
$9.10B consensus)
Net Sales Orders: 23,084 homes (
$8.4B value)
Book Value: Up 5% to
$84.85/share
The catch? Full-year FY26 revenue guidance was cut to
$32.5B–
$33.0B (vs
$33.47B expected) on 83.8k–84.3k home closings. On the bright side, cash flow remains robust at
$3.0B+ with
$2.5B in planned share buybacks.
Buying this post-earnings dip or waiting for housing market clarity? Star this ticker and check my feed daily for the top institutional order flow alerts.