D.R. Horton profit drops 30% but beats forecasts as orders rise and 2026 outlook holds
D.R. Horton posted a 30% drop in quarterly net income to $594.8 million, with revenue down to $6.9 billion. Net sales orders rose 3% to 18,300 homes, valued at $6.7 billion. Shares slipped 0.2% in early trading after volatile moves. The company maintained its full-year revenue forecast.