D.R. Horton Q2 EPS Beats Revenue Slightly Ahead

D.R. Horton reported Q2 adjusted EPS of $2.24, beating estimates of $2.13.
Revenue reached $7.56 bn, slightly above $7.55 bn consensus, down 2% YoY; closed 19,486 homes, up 1%.
Net income fell 20% to $647.9 million; pre‑tax margin 11.5% topped guidance, helped by litigation win and lower warranty costs.
Company raised FY2026 revenue outlook to $33.5‑$34.5 bn and returned $1 bn to shareholders via $903.6 m buybacks and $129.7 m dividends.