D.R. Horton, Inc. · DHI · Next earnings

D.R. Horton, Inc. reports Tuesday, Jan 19, 2027

DHI reports before market open with consensus EPS at $1.34 and revenue at $6.07B. Last quarter: D.R. Horton FY2026: Strong Cash Flow, Cautious Housing Outlook

Reports Before market open75 days awayDate estimated Consumer Cyclical

What the street expects

Consensus for the coming report
Consensus EPS $1.34 Calendar consensus
Consensus revenue $6.07B Calendar consensus
Report date Jan 19, 2027 Tuesday, date estimated
Session Before market open 75 days away

Where DHI left off: FY2026 Q4

Full report

D.R. Horton FY2026: Strong Cash Flow, Cautious Housing Outlook

EPS surprise -11.3% Reported $2.67 vs $3.01
Revenue surprise +3.3% Reported $9.37B vs $9.07B
Stock move +2.5% Event window
Subsequent drift 0.0% Up to 20 sessions

Management maintained FY2027 guidance of $30-$32 billion in revenue, 79,000-84,000 homes closed and an 18%-18.5% gross margin range.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Persistently high mortgage rates could limit affordability.
  • Cautious consumer sentiment and slower homebuyer traffic could pressure demand.
  • Elevated litigation and warranty costs may weigh on margins.
  • Lot and land prices could remain volatile.
  • Higher rates could create further rental-segment impairment risk.

Questions analysts left open

  • Gross margin guidance of 18%-18.5% is below historical norms.
  • Mortgage-rate direction remains important for demand.
  • Stick-and-brick cost inflation could offset labor and material savings.
  • SG&A leverage may pressure pretax margin.
  • Rental-segment impairment raises questions about future profitability.

Ask FN2 about DHI next report

Transcript, numbers and history already loaded
What should I watch for in DHI's next earnings report?How did DHI guide last quarter, and is consensus above or below that?Give me the bull and bear case going into DHI earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the DHI recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent DHI quarters

All DHI earnings
+2.5%FY2026 Q4-0.9%FY2026 Q3+5.8%FY2026 Q2-1.8%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q4

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.