<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1633158829585-23ba8f7c8caf/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmZm09anBnJml4aWQ9TTN3eE1qQTNmREI4TUh4d2FHOTBieTF3WVdkbGZIeDhmR1Z1ZkRCOGZIeDhmQT09Jml4bGliPXJiLTQuMS4wJnE9NjAmdz0zMDAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="3000" height="2002" original-src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1633158829585-23ba8f7c8caf/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmZm09anBnJml4aWQ9TTN3eE1qQTNmREI4TUh4d2FHOTBieTF3WVdkbGZIeDhmR1Z1ZkRCOGZIeDhmQT09Jml4bGliPXJiLTQuMS4wJnE9NjAmdz0zMDAw"/></p>
<p>照片由 Towfiqu barbhuiya 提供，来源于 Unsplash</p>
<p>D.R. Horton, Inc.（纽约证券交易所代码：DHI），美国领先的住宅建筑商，已公布其 2026 财年第一季度财报，显示出每股收益（EPS）和收入方面的显著成就。该公司超出了市场预期，标志着财年的良好开端。</p>
<h3><strong>第一季度业绩超出预期，需求保持韧性</strong></h3>
<p>在 2026 财年第一季度，D.R. Horton, Inc.表现强劲，EPS 为 2.03 美元，超出预期的 1.93 美元，超出幅度为 0.10 美元，这表明公司在应对挑战性经济环境中有效管理成本和优化运营。此外，D.R. Horton 报告的合并收入为 69 亿美元，超出预期的 65.9 亿美元，超出幅度为 3.1 亿美元，标志着业绩的积极偏差。</p>
<p>尽管 D.R. Horton 的净收入同比下降 30%，达到 5.948 亿美元，但公司仍实现了 11.6% 的税前利润率。这一利润率包括来自先前保修成本恢复的 40 个基点的收益。公司在成本管理和运营效率方面的关注对实现这些结果至关重要。</p>
<p>本季度的住宅销售收入为 65 亿美元，涉及 17,818 套已成交房屋，较去年有所下降。然而，净销售订单增加了 3%，达到 18,300 套，订单价值为 67 亿美元。这一销售订单的增长表明，尽管当前市场面临可负担性限制和消费者情绪谨慎等挑战，但未来几个季度的前景仍然乐观。</p>
<h3><strong>DHI 维持 2026 年展望和股东回报计划</strong></h3>
<p>基于第一季度的业绩和当前市场状况，D.R. Horton 重申其 2026 财年指导，预计合并收入将在 335 亿美元至 350 亿美元之间。公司预计通过其住宅建筑业务关闭 86,000 至 88,000 套房屋，继续保持行业领导地位。</p>
<p>公司还预计所得税率约为 24.5%，并计划从运营中产生至少 30 亿美元的合并现金流。D.R. Horton 计划向股东回报显著价值，预计股票回购约为 25 亿美元，股息支付约为 5 亿美元。这一战略资本配置凸显了公司提升长期股东价值的承诺。</p>
<p>展望未来，D.R. Horton 对其应对市场波动的能力保持乐观，认为其强大的流动性、低杠杆和经验丰富的运营团队是维持运营灵活性的关键因素。公司在提供可负担的产品和灵活的土地供应方面处于良好位置，确保在 2026 财年有效满足市场需求。</p>
<hr/>
<p><em>更多来自此作者的文章：</em></p>
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霍顿房屋

<p>D.R. Horton, Inc.（纽约证券交易所代码：DHI）公布了 2026 年第一季度的财报，每股收益（EPS）为 2.03 美元，超出预期的 1.93 美元，营收为 69 亿美元，超过预测的 65.9 亿美元。尽管净收入下降了 30%，降至 5.948 亿美元，但公司实现了 11.6% 的税前利润率。房屋销售收入为 65 亿美元，来自 17,818 套已成交房屋，而净销售订单增长了 3%，达到 18,300 套。D.R. Horton 维持其 2026 年的指导，预计营收在 335 亿至 350 亿美元之间，并计划通过回购和分红向股东返还 30 亿美元</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.unsplash.com/photo-1633158829585-23ba8f7c8caf/query-YXV0bz1mb3JtYXQmZml0PWNyb3AmZm09anBnJml4aWQ9TTN3eE1qQTNmREI4TUh4d2FHOTBieTF3WVdkbGZIeDhmR1Z1ZkRCOGZIeDhmQT09Jml4bGliPXJiLTQuMS4wJnE9NjAmdz0zMDAw" alt="" original-src="https://images.unsplash.com/photo-1633158829585-23ba8f7c8caf?fm=jpg&amp;q=60&amp;w=3000&amp;auto=format&amp;fit=crop&amp;ixlib=rb-4.1.0&amp;ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D"/></p>
<p>Photo by Towfiqu barbhuiya on Unsplash</p>
<div class="lb-trans"><p>照片由 Towfiqu barbhuiya 提供，来源于 Unsplash</p>
</div><p>D.R. Horton, Inc. (NYSE: DHI), a leading homebuilder in the United States, has reported its fiscal 2026 first-quarter earnings, showcasing notable achievements in both earnings per share (EPS) and revenue. The company has surpassed market expectations, indicating a strong start to the fiscal year.</p>
<div class="lb-trans"><p>D.R. Horton, Inc.（纽约证券交易所代码：DHI），美国领先的住宅建筑商，已公布其 2026 财年第一季度财报，显示出每股收益（EPS）和收入方面的显著成就。该公司超出了市场预期，标志着财年的良好开端。</p>
</div><h3><strong>Q1 Results Top Forecasts as Demand Remains Resilient</strong></h3>
<div class="lb-trans"><h3><strong>第一季度业绩超出预期，需求保持韧性</strong></h3>
</div><p>In the first quarter of fiscal 2026, D.R. Horton, Inc. has demonstrated a strong performance, exceeding market expectations with an EPS of $2.03 compared to the anticipated $1.93. This $0.10 beat signifies the company’s efficacy in managing costs and optimizing operations amidst a challenging economic landscape. Additionally, D.R. Horton reported consolidated revenues of $6.9 billion, surpassing the expected $6.59 billion by $0.31 billion, marking a positive deviation from forecasts.</p>
<div class="lb-trans"><p>在 2026 财年第一季度，D.R. Horton, Inc.表现强劲，EPS 为 2.03 美元，超出预期的 1.93 美元，超出幅度为 0.10 美元，这表明公司在应对挑战性经济环境中有效管理成本和优化运营。此外，D.R. Horton 报告的合并收入为 69 亿美元，超出预期的 65.9 亿美元，超出幅度为 3.1 亿美元，标志着业绩的积极偏差。</p>
</div><p>Despite a 30% decrease in net income attributable to D.R. Horton, amounting to $594.8 million, the company has managed to achieve a pre-tax profit margin of 11.6%. This margin includes a 40 basis point benefit from the recovery of prior period warranty costs. The company’s focus on cost management and operational efficiency has been pivotal in achieving these results.</p>
<div class="lb-trans"><p>尽管 D.R. Horton 的净收入同比下降 30%，达到 5.948 亿美元，但公司仍实现了 11.6% 的税前利润率。这一利润率包括来自先前保修成本恢复的 40 个基点的收益。公司在成本管理和运营效率方面的关注对实现这些结果至关重要。</p>
</div><p>Home sales revenues for the quarter were $6.5 billion on 17,818 homes closed, reflecting a decrease from the previous year. However, net sales orders increased by 3% to 18,300 homes, with an order value of $6.7 billion. This growth in sales orders indicates a positive outlook for future quarters, despite current market challenges such as affordability constraints and cautious consumer sentiment.</p>
<div class="lb-trans"><p>本季度的住宅销售收入为 65 亿美元，涉及 17,818 套已成交房屋，较去年有所下降。然而，净销售订单增加了 3%，达到 18,300 套，订单价值为 67 亿美元。这一销售订单的增长表明，尽管当前市场面临可负担性限制和消费者情绪谨慎等挑战，但未来几个季度的前景仍然乐观。</p>
</div><h3><strong>DHI Maintains 2026 Outlook and Shareholder Return Plans</strong></h3>
<div class="lb-trans"><h3><strong>DHI 维持 2026 年展望和股东回报计划</strong></h3>
</div><p>Based on its first-quarter results and current market conditions, D.R. Horton has reiterated its fiscal 2026 guidance, projecting consolidated revenues between $33.5 billion and $35.0 billion. The company expects to close between 86,000 and 88,000 homes through its homebuilding operations, maintaining its leadership position in the industry.</p>
<div class="lb-trans"><p>基于第一季度的业绩和当前市场状况，D.R. Horton 重申其 2026 财年指导，预计合并收入将在 335 亿美元至 350 亿美元之间。公司预计通过其住宅建筑业务关闭 86,000 至 88,000 套房屋，继续保持行业领导地位。</p>
</div><p>The company also anticipates an income tax rate of approximately 24.5% and aims to generate at least $3.0 billion in consolidated cash flow from operations. D.R. Horton plans to return significant value to shareholders, with projected share repurchases of approximately $2.5 billion and dividend payments of around $500 million. This strategic capital allocation underscores the company’s commitment to enhancing long-term shareholder value.</p>
<div class="lb-trans"><p>公司还预计所得税率约为 24.5%，并计划从运营中产生至少 30 亿美元的合并现金流。D.R. Horton 计划向股东回报显著价值，预计股票回购约为 25 亿美元，股息支付约为 5 亿美元。这一战略资本配置凸显了公司提升长期股东价值的承诺。</p>
</div><p>Looking ahead, D.R. Horton remains optimistic about its ability to navigate market fluctuations, citing its strong liquidity, low leverage, and experienced operators as key factors in maintaining operational flexibility. The company is well-positioned to continue delivering value to homebuyers with its affordable product offerings and flexible lot supply, ensuring it meets market demand effectively throughout fiscal 2026.</p>
<div class="lb-trans"><p>展望未来，D.R. Horton 对其应对市场波动的能力保持乐观，认为其强大的流动性、低杠杆和经验丰富的运营团队是维持运营灵活性的关键因素。公司在提供可负担的产品和灵活的土地供应方面处于良好位置，确保在 2026 财年有效满足市场需求。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多来自此作者的文章：</em></p>
</div><p>3M Beats Q4 Estimates On $1.83 EPS, Guides Higher For 2026</p>
<div class="lb-trans"><p>3M 超出第四季度预期，EPS 为 1.83 美元，2026 年展望上调</p>
</div><p>State Street Drops After Q4 Results: Beat On Paper, But Costs Raise Questions</p>
<div class="lb-trans"><p>州街在第四季度业绩发布后股价下跌：纸面上超出预期，但成本引发质疑</p>
</div><p>Why Are Morgan Stanley Shares Rising? Q4 Profit Tops Estimates</p>
<div class="lb-trans"><p>摩根士丹利的股价为何上涨？第四季度利润超出预期</p>
</div>

霍顿房屋公布 2026 年第一季度每股收益超出预期，收入也高于预期