secwatch.observer — SEC 8-K summary
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Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0000882184-25-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

D.R. Horton Q1 EPS $2.61, down 7% YoY; revenues $7.6B; declares $0.40 dividend
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- Net income $844.9M ($2.61 diluted EPS) vs $947.4M ($2.82) YoY; revenue $7.6B (-1%).
- Home closings 19,059 (-1%), net orders 17,837 (-1%), backlog 11,003 homes (-21%).
- Rental ops pre-tax $11.9M on $217.8M revenue; sold 311 SFR and 504 multi-family units.
- Repurchased 6.8M shares for $1.1B; declared $0.40/share dividend, payable Feb 14.
- Reiterated FY2025 guidance: revenue $36-37.5B, 90k-92k closings; updated buyback $2.6-2.8B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000088218425000009/0000882184-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000088218425000009/dhi-20250121.htm
  HTML page:      https://secwatch.observer/filing/0000882184-25-000009

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