D.R. Horton (DHI) Q2 Earnings and Revenues Lag Estimates

D.R. Horton (DHI) came out with quarterly earnings of $2.58 per share, missing the Zacks Consensus Estimate of$ 2.66 per share. This compares to earnings of $3.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.01%. A quarter ago, it was expected that this homebuilder would post earnings of$ 2.40 per share when it actually produced earnings of $2.61, delivering a surprise of 8.75%.Over the last four quarters, the company ha ...