Business
Add as a preferred source on GoogleRevenue topped estimates by $260 million, while earnings per share came in 33 cents below estimates.
D.R. Horton reported earnings per share of $2.67 for its fiscal fourth quarter ended Sept. 30, 2026, while revenue fell 3.2% to $9.37 billion from a year earlier.
Revenue was $260 million above estimates, while earnings per share came in 33 cents below estimates. Home sales revenue totaled $8.4 billion, and the company closed 22,915 homes during the quarter.
The builder said its initial outlook reflects conditions in its markets.
Revenue reached $12.13 billion, up 58.6% year over year, while non-GAAP EPS beat estimates by $1.67.
Third-quarter net income reached $90 million, while adjusted EBITDA rose to $281 million. NOV expects fourth-quarter adjusted EBITDA of $260 million to $300 million.
Revenue declined 8% to $2.40 billion, while homebuilding gross margin slipped to 18.3% from 21.0%.
