earnings
confidence high
sentiment positive
materiality 0.85
D.R. Horton Q1 EPS $3.17, +48%; revenue $7.1B, +19%; raises FY2022 revenue guidance
HORTON D R INC /DE/
2022-Q1 EPS reported
$3.17
revenue$7,053,400,000
- Net income $1.1B, +44%; diluted EPS $3.17, +48% YoY.
- Consolidated revenue $7.1B, +19%; pre-tax margin 21.2%, +380 bps.
- Homes closed 18,396 (-2%); net sales orders 21,522 (+5%), value $8.3B (+29%).
- Guidance: FY2022 revenue $34.5-$35.5B; closings 90k-92k; share count ~2% lower.
- Declared $0.225/share dividend payable Feb 25; repurchased 2.7M shares for $278M.