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D.R. Horton’s Earnings Are Coming. The Cooling Housing Market Will Sting.

Por: MarketWatch Business January 24, 2023

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Analysts polled by FactSet expect earnings in the quarter ended Dec. 31 of $2.25 per share on revenue of roughly $6.4 billion. The company is expected to report 15,706 home deliveries and 14,567 new orders, according to FactSet projections. Such estimates, which are lower than the same quarter last year, reflect a period of cooling in the housing market as higher mortgage rates weighed on buyer demand. Mortgage rates rose as high as 7.08% in... + full article



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