Description
(AWP Alliance News) - D.R. Horton held its fourth-quarter fiscal 2026 earnings call on October 29, 2026, with CEO Paul Romanowski, CFO Bill Wheat and COO Mike Murray participating. Management forecast fiscal 2027 revenue of USD 30 billion to USD 32 billion, with home closings of 79,000 to 84,000. First-quarter home sales gross margin is expected at 18% to 18.5%, compared with 19.5% in the fourth quarter.
Romanowski expects mortgage rates to remain elevated in the near term, keeping incentives above historical levels as affordability pressures constrain demand. Fourth-quarter net sales orders fell 7% year over year to 18,619 homes; housing starts dropped 45% sequentially as management adjusted inventory to weaker demand.
https://docs.publicnow.com/A9911DB68C12B2438AAB4243C9085130FCC9622C
Disclaimer: This news brief was created using generative artificial intelligence. D.R. Horton Inc. published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.
