The company sees earnings per share ranging between 60 and 65 cents, well below an LSEG estimate of 72 cents per share.
Horton — Shares of the home construction company slipped more than 5% after first-quarter earnings per share missed Wall Street estimates.
Horton earned $2.82 per share, while analysts polled by LSEG expected a profit of $2.88 per share.
Analysts expected earnings of 80 cents per share, according to LSEG.
Analysts expected a profit of $1.24 per share on revenue of $19.7 billion.
Persons:
Truist, Enphase, Goldman Sachs, Glen Santangelo, D.R, Horton —, Horton, LSEG, Halliburton, FactSet's StreetAccount, groundings, Johnson — Johnson, Johnson, RTX, CNBC's Hakyung Kim, Samantha Subin, Jesse Pound, Lisa Kailai Han, Fred Imbert
Organizations:
JPMorgan, General Electric, Energy, Federal, 3M, Goldman, Teva Pharmaceutical Industries, pharma, Jefferies, Logitech —, Logitech, Wall Street, United Airlines –, United Airlines, LSEG, Boeing, Max, Barstool Sports, Netflix, Johnson, Verizon, Procter, Gamble, RTX Corporation, Wall