Investing.com - DR Horton (NYSE:DHI) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DR Horton announced earnings per share of $4.03 on revenue of $7.99B. Analysts polled by Investing.com anticipated EPS of $3.38 on revenue of $7.49B.
DR Horton shares are down 16% from the beginning of the year, still down 32.83% from its 52 week high of $110.45 set on December 13, 2021. They are under-performing the S&P Global 100 which is down 7.96% from the start of the year.
DR Horton follows other major Consumer Discretionary sector earnings this month
DR Horton's report follows an earnings beat by Tesla on April 20, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.
BYD ADR had missed expectations on March 29 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.
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