D.R. Horton profit drops 30% but beats forecasts as orders rise and 2026 outlook holds
D.R. Horton reported a 30% plunge in quarterly profit Tuesday, with affordability concerns holding back buyers. Still, the nation’s largest homebuilder exceeded forecasts and maintained its full-year guidance. This update is crucial as builders rely more heavily on incentives to maintain sales flow, while investors focus on how this affects profit margins. D.R. Horton’s order trends often set the tone for the entire sector.