D. R. Horton Q1 earnings top consensus; guidance for stock buybacks upped (DHI:NYSE)

D.R. Horton (NYSE:DHI) stock gained 3.6% in Tuesday premarket trading after the company posted better-than-expected earnings and revenue and boosted its expectations for stock buybacks in FY 2025.

The U.S.’s largest homebuilder reiterated its guidance for FY2025 revenue of $36.0B-$37.5B, homebuilding