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via finance.yahoo.comBusiness & Companies

D.R. Horton cuts 2026 outlook after third-quarter sales miss

FROM THE WIRE · FINANCE.YAHOO.COM

D.R. Horton (DHI) cut its fiscal 2026 revenue outlook to US$32.5b to US$33b after third quarter sales missed internal goals, as higher mortgage costs, softer earnings per share, and a 20% cancellation rate pressured demand. Against this softer guidance backdrop, D.R. Horton's…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe revenue guidance cut weighs on the rate-sensitive homebuilding sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01FY2026 revenue outlook was cut to $32.5-33 billion.
  2. 02Third-quarter sales missed internal goals.
  3. 03Higher mortgage costs and a 20% cancellation rate pressured demand.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
D.R. Horton, Inc.DHIStock144.34 USD+3.83%today +3.86%Negative D.R. Horton Inc.D1HI34.SAStock706.11 BRLMarket closedtoday 0.00%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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