Investing.com - DR Horton (NYSE:DHI) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
DR Horton announced earnings per share of $4.67 on revenue of $9.64B. Analysts polled by Investing.com anticipated EPS of $5.18 on revenue of $10.17B.
DR Horton shares are down 16.73% from the beginning of the year and are trading at $72.40 , down-from-52-week-high.
DR Horton shares lost 1.17% in pre-market trade after the report.
DR Horton follows other major Consumer Discretionary sector earnings this month
DR Horton's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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