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Home Sales and DR Horton Earnings Are Sending the Same Message About the Housing Market

·3 min read
Home Sales and DR Horton Earnings Are Sending the Same Message About the Housing Market
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Earnings from D.R. Horton and existing home sales data were released Thursday morning—and they’re both sending the same message about the housing market. Housing giant (DHI) reported better-than-expected fiscal third-quarter numbers Thursday morning. “The D.R. Horton team delivered outstanding results in the third fiscal quarter of 2021, highlighted by EPS increasing 78%,” said chairman of the board, in a statement.