D.R. Horton (NYSE:DHI) and Pultegroup (NYSE:PHM) were previewed by Susquehanna, as they approach their expected earnings report days.
Horton is scheduled to report on January 27, and Pultegroup on February 4.
Earnings for both companies are expected to beat analysts' estimates, with DHI projected to come in at $0.03 a share, and PHM at $0.08 a share.
Both companies will probably report minor inventory impairments, "given both the normal seasonality of these charges and due to geographic focus."
D.R. Horton (DHI) closed Tuesday at $13.01, up $0.07, or 0.54 percent. Pultegroup (PHM) closed at $8.33, down $0.10, or 1.19 percent.
Wednesday, January 26, 2011
D.R. Horton (NYSE:DHI), Pultegroup (NYSE:PHM) Previewed by Susquehanna
Labels:
D.R. Horton,
PulteGroup,
Susquehanna
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