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D.R. Horton revises FY24 revenue view to $36B-$37.3B from $36B-$37B

FY24 consensus $36.64B. Sees FY24 Homes closed by homebuilding operations of 87,000 homes to 90,000 homes; Income tax rate of approximately 24.0%. The company is also reiterating its fiscal 2024 guidance as follows: Cash flow provided by homebuilding operations of approximately $3B; Share repurchases of approximately $1.5B.

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