US Stock Market Move | Fiscal year 2026 revenue guidance exceeds expectations, D.R. Horton, Inc. (DHI.US) up over 7% in early trading.

On Tuesday, D.R. Horton, Inc. (DHI.US) surged over 7% in early trading, with a cumulative increase of 20% for the month, now trading at $164.86. In terms of news, D.R. Horton, Inc. announced its Q2 performance for the 2026 fiscal year, with sales revenue of $7.558 billion, a 2.3% decrease compared to the previous year and lower than the analysts' consensus of $7.601 billion. Earnings per share were $2.24, a 13% decrease year-on-year, but higher than analysts' consensus of $2.17. The company currently forecasts revenue for the 2026 fiscal year to be between $33.5 billion and $34.5 billion, with the mid-point of the new range exceeding analysts' expectations of $33.8 billion, compared to the previous forecast range of $33.5 billion to $35 billion.