D.R. Horton Sees FY Revenue of $30B-$32B
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10:59:30 AM UTC
SquawkNews
By Rob CurranD.R. Horton's fiscal fourth-quarter net income fell as the recent spike in mortgage rates weighed on orders and boosted cancellations, and the home builder warned the slump is likely to continue in fiscal 2027.The Arlington, Texas, home builder logged earnings of $741.8 million, or $2…