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D.R. Horton cuts FY25 revenue view to $33.3B-$34.8B from ~$36B-$37.5B

FY25 consensus $36.14B. Based on the company’s results for the first half of the fiscal 2025 and current market conditions, D.R. Horton (DHI) is updating its guidance for fiscal 2025 as follows: Consolidated revenues in the range of $33.3 billion to $34.8 billion; Homes closed by homebuilding operations of 85,000 homes to 87,000 homes; Consolidated cash flow provided by operations of greater than $3.0 billion; Share repurchases of approximately $4.0 billion.

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