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Seeking Clues to D.R. Horton (DHI) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
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The upcoming report from D.R. Horton (DHI - Free Report) is expected to reveal quarterly earnings of $3.03 per share, indicating a decline of 0.3% compared to the year-ago period. Analysts forecast revenues of $9.04 billion, representing a decline of 6.6% year over year.
The consensus EPS estimate for the quarter has undergone a downward revision of 2.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific D.R. Horton metrics that are routinely monitored and predicted by Wall Street analysts.
The combined assessment of analysts suggests that 'Revenues- Homebuilding- Home sales' will likely reach $8.26 billion. The estimate indicates a change of -3.4% from the prior-year quarter.
Analysts forecast 'Revenues- Financial Services' to reach $211.60 million. The estimate suggests a change of -3.1% year over year.
Analysts predict that the 'Revenues- Rental' will reach $453.08 million. The estimate points to a change of -43.8% from the year-ago quarter.
It is projected by analysts that the 'Revenues- Homebuilding' will reach $8.26 billion. The estimate suggests a change of -3.6% year over year.
Based on the collective assessment of analysts, 'Geographic Revenues- Homebuilding- Northwest' should arrive at $665.24 million. The estimate indicates a year-over-year change of -16.2%.
According to the collective judgment of analysts, 'Geographic Revenues- Homebuilding- North' should come in at $1.24 billion. The estimate indicates a year-over-year change of +8.3%.
The collective assessment of analysts points to an estimated 'Geographic Revenues- Homebuilding- Southwest' of $1.22 billion. The estimate indicates a change of +0.5% from the prior-year quarter.
Analysts expect 'Geographic Revenues- Homebuilding- South Central' to come in at $1.80 billion. The estimate points to a change of -7.3% from the year-ago quarter.
The consensus among analysts is that 'Homes Closed - Homes' will reach 22,720 . The estimate compares to the year-ago value of 23,368 .
The consensus estimate for 'Net Sales Orders - Homes' stands at 19,874 . The estimate compares to the year-ago value of 20,078 .
Analysts' assessment points toward 'Sales Order Backlog - Homes' reaching 13,095 . Compared to the present estimate, the company reported 10,785 in the same quarter last year.
The average prediction of analysts places 'Sales Order Backlog - Value' at $5.02 billion. Compared to the current estimate, the company reported $4.12 billion in the same quarter of the previous year.
Over the past month, shares of D.R. Horton have returned +5.1% versus the Zacks S&P 500 composite's -0.8% change. Currently, DHI carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Seeking Clues to D.R. Horton (DHI) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from D.R. Horton (DHI - Free Report) is expected to reveal quarterly earnings of $3.03 per share, indicating a decline of 0.3% compared to the year-ago period. Analysts forecast revenues of $9.04 billion, representing a decline of 6.6% year over year.
The consensus EPS estimate for the quarter has undergone a downward revision of 2.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific D.R. Horton metrics that are routinely monitored and predicted by Wall Street analysts.
The combined assessment of analysts suggests that 'Revenues- Homebuilding- Home sales' will likely reach $8.26 billion. The estimate indicates a change of -3.4% from the prior-year quarter.
Analysts forecast 'Revenues- Financial Services' to reach $211.60 million. The estimate suggests a change of -3.1% year over year.
Analysts predict that the 'Revenues- Rental' will reach $453.08 million. The estimate points to a change of -43.8% from the year-ago quarter.
It is projected by analysts that the 'Revenues- Homebuilding' will reach $8.26 billion. The estimate suggests a change of -3.6% year over year.
Based on the collective assessment of analysts, 'Geographic Revenues- Homebuilding- Northwest' should arrive at $665.24 million. The estimate indicates a year-over-year change of -16.2%.
According to the collective judgment of analysts, 'Geographic Revenues- Homebuilding- North' should come in at $1.24 billion. The estimate indicates a year-over-year change of +8.3%.
The collective assessment of analysts points to an estimated 'Geographic Revenues- Homebuilding- Southwest' of $1.22 billion. The estimate indicates a change of +0.5% from the prior-year quarter.
Analysts expect 'Geographic Revenues- Homebuilding- South Central' to come in at $1.80 billion. The estimate points to a change of -7.3% from the year-ago quarter.
The consensus among analysts is that 'Homes Closed - Homes' will reach 22,720 . The estimate compares to the year-ago value of 23,368 .
The consensus estimate for 'Net Sales Orders - Homes' stands at 19,874 . The estimate compares to the year-ago value of 20,078 .
Analysts' assessment points toward 'Sales Order Backlog - Homes' reaching 13,095 . Compared to the present estimate, the company reported 10,785 in the same quarter last year.
The average prediction of analysts places 'Sales Order Backlog - Value' at $5.02 billion. Compared to the current estimate, the company reported $4.12 billion in the same quarter of the previous year.
View all Key Company Metrics for D.R. Horton here>>>Over the past month, shares of D.R. Horton have returned +5.1% versus the Zacks S&P 500 composite's -0.8% change. Currently, DHI carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .