D.R. Horton releases transcript of Q3 FY 2026 earnings call

Reuters2026/07/22 21:19

By:Reuters

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D.R. Horton published a transcript of its Q3 FY 2026 earnings call attended by CEO Paul Romanowski, COO Michael Murray, CFO Bill Wheat, SVP Communications Jessica Hansen.
Quarter results: EPS $3.20; pre-tax income $1.2 billion on $9.2 billion revenue; 23,983 closings; home sales gross margin 20.7%.
Outlook: Q4 revenue $8.8 billion-$9.3 billion; 22,500-23,000 closings; home sales gross margin 20.5%-21%; pre-tax margin 12.3%-12.8%.
FY 2026 view: revenue $32.5 billion-$33 billion; 83,800-84,300 closings; operating cash flow at least $3 billion; buybacks about $2.5 billion.
Management cited softer late-quarter demand, higher cancellation rate of 20%, incentives still elevated; Q4 starts expected below Q3.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. D.R. Horton Inc. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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D.R. Horton releases transcript of Q3 FY 2026 earnings call

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