Investing.com - DR Horton (NYSE:DHI) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DR Horton announced earnings per share of $3.06 on revenue of $7.28B. Analysts polled by Investing.com anticipated EPS of $2.82 on revenue of $7.13B.
DR Horton shares are up 32% from the beginning of the year, still down 14.43% from its 52 week high of $106.89 set on May 10. They are outperforming the S&P 500 which is up 16.04% from the start of the year.
DR Horton follows other major Capital Goods sector earnings this month
DR Horton's report follows an earnings missed by ASML ADR on Wednesday, who reported EPS of $2.97 on revenue of $4.74B, compared to forecasts EPS of $2.98 on revenue of $4.87B.
Fastenal had beat expectations on July 13 with second quarter EPS of $0.42 on revenue of $1.51B, compared to forecast for EPS of $0.4115 on revenue of $1.51B.
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