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D.R. Horton Trims High End of 2025 Revenue Outlook as Results Weaken
D.R. Horton Trims High End of 2025 Revenue Outlook as Results Weaken

Wall Street Journal

time14 hours ago

  • Business
  • Wall Street Journal

D.R. Horton Trims High End of 2025 Revenue Outlook as Results Weaken

D.R. Horton DHI -0.44%decrease; red down pointing triangle lowered the high end of its revenue outlook after third-quarter results declined from a year earlier, extending a challenging period for the company as the broader economy continues to weigh on the housing market. The home builder now expects revenue between $33.7 billion and $34.2 billion in fiscal 2025, compared to prior guidance in the range of $33.3 billion to $34.8 billion.

Stock Movers: Venture Global, Levi's, AMC
Stock Movers: Venture Global, Levi's, AMC

Bloomberg

time11-07-2025

  • Business
  • Bloomberg

Stock Movers: Venture Global, Levi's, AMC

On this episode of Stock Movers: -Venture Global Inc. is close to reaching an agreement for a $20 billion financing package to complete its third liquefied natural gas export project, with European banks Banco Santander SA and ING Groep NV among the lead arrangers, according to people familiar to the matter. A final investment decision on the CP2 project could be made as soon as the end of this month. - Levi Strauss & Co. raised its revenue outlook, expecting sales growth to outweigh the effect of President Donald Trump's tariffs. The company now sees revenue rising between 1% and 2% for the current fiscal year, and has slightly lowered its guidance for gross margin due to tariffs. - AMC Entertainment (AMC) shares rose by more than 11% in recent Friday trading after Wedbush upgraded the company's stock to outperform from neutral and raised its price target to $4 from $3.

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