D.R. Horton, Inc. (NYSE:DHI) reported mixed fiscal second-quarter 2026 results on Tuesday.
Net income attributable to the company was $647.9 million, or $2.24 per diluted share, down from $810.4 million, or $2.58 per share, a year earlier. Earnings per share exceeded the analyst estimate of $2.17.
Revenue declined to $7.558 billion from $7.734 billion in the prior-year quarter and missed the $7.601 billion consensus estimate.
The company reiterated fiscal 2026 revenue guidance of $33.5 billion to $35.0 billion, compared with a $33.86 billion consensus estimate, and now expects homebuilding closings of 86,000 to 87,500 homes, versus a prior range of 86,000 to 88,000. It also expects operating cash flow of at least $3.0 billion, share …