D.R. Horton, a leading U.S. homebuilder, saw its stock soar over 5% in pre-market trading on Tuesday, buoyed by its better-than-expected first-quarter 2025 earnings results and a favorable outlook for the housing sector amid President Trump's trade policy approach.
The company reported Q1 2025 earnings per share of $2.61, surpassing analysts' estimates of $2.44. Revenue for the quarter also exceeded expectations, coming in at $7.613 billion versus the consensus estimate of $7.082 billion. These solid financial results drove investor optimism and propelled D.R. Horton's shares higher in pre-market trading.
Additionally, the broader market sentiment was boosted by President Trump's inauguration speech and subsequent comments, which provided relief to investors who had been bracing for immediate implementation of sweeping tariffs. While Trump did allude to potential 25% tariffs on imports from Mexico and Canada starting February 1st, his overall approach was seen as more measured than initially feared, at least in the short term.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.