Investing.com - DR Horton (NYSE:DHI) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DR Horton announced earnings per share of $3.17 on revenue of $7.05B. Analysts polled by Investing.com anticipated EPS of $2.8 on revenue of $6.69B.
DR Horton shares are down 17% from the beginning of the year and are trading at $89.45 , down-from-52-week-high.They are under-performing the S&P 500 which is down 4.61% 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 Wednesday, January 26, 2022, who reported EPS of $2.54 on revenue of $17.72B, compared to forecasts EPS of $2.36 on revenue of $17.13B.
Louis Vuitton ADR had matched expectations on Thursday, January 27, 2022 with fourth quarter EPS of $2.54 on revenue of $22.37B, compared to forecast for EPS of $2.54 on revenue of $20.27B.
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