US23331A1097 - Common Stock
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at home builders stocks, starting with Tri Pointe Homes (NYSE:TPH).
Stay updated with the movement of S&P500 stocks in today's session. Discover which S&P500 stocks are making waves on Tuesday.
Shares of homebuilder (NYSE:DHI) fell 12.5% in the morning session after the company reported weak third-quarter earnings results. Its full-year revenue guidance missed, and its EBITDA fell short of Wall Street's estimates. DHI highlighted macro challenges similar to some of the housing stocks that have reported this season. Management added "We believe that rate volatility and uncertainty are causing some buyers to stay on the sidelines in the near term." Overall, this was a softer quarter.
Curious about the top performers within the S&P500 index in the middle of the day on Tuesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Homebuilder stocks are tumbling Tuesday after industry bellwether D.R. Horton Inc. delivered a 2025 revenue forecast that failed to meet Wall Street’s expectations.
DHI earnings call for the period ending September 30, 2024.
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Gap analysis of S&P500 on 2024-10-29: gap up and gap down stocks in today's session.
D.R. Horton Inc. shares fell the most in more than four years after the homebuilder reported disappointing results for its fiscal fourth quarter and signaled that affordability challenges are holding back buyers.
Wondering what's happening in today's pre-market session? Stay tuned for the latest updates on S&P500 stock movements.
Homebuilder (NYSE:DHI) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 4.8% year on year to $10 billion. The company’s full-year revenue guidance of $36.75 billion at the midpoint also came in 7% below analysts’ estimates. Its GAAP profit of $3.92 per share was also 5.8% below analysts’ consensus estimates.
Certain stocks and sectors will undoubtedly benefit depending on who wins the election.
Homebuilder (NYSE:DHI) will be reporting earnings tomorrow morning. Here’s what investors should know.
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The Democratic presidential nominee's proposals could directly benefit each of these stocks.