BUSINESS

Homebuilders, Bank Report Quarterly Profits and Guidance Updated

PUBLISHED Apr 21, 2026, 7:33 AM ET

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Arlington, Texas — D.R. Horton Inc. reported fiscal second-quarter net income of $647.9 million and earnings of $2.24 per share on Tuesday, while Forestar Group reported a fiscal second-quarter profit of $32.1 million and $0.63 per-share; Commerce Bancshares in Kansas City reported first-quarter earnings of $141.6 million and $0.96 per share. The companies also disclosed revenues and forward guidance this week: D.R. Horton posted $7.56 billion revenue and guided full-year revenue to $33.5–$34.5 billion while declaring a $0.45 quarterly dividend; Forestar reported $374.3 million revenue and guided $1.6–$1.7 billion, and Commerce reported $572.4 million revenue with revenue net of interest expense of $475.7 million.

By Sarah Whitman | JQJO News

Timeline of Events

Tuesday: Commerce Bancshares reported Q1 net income of $141.6 million and $0.96 EPS.
Tuesday: D.R. Horton reported fiscal Q2 net income of $647.9 million and $2.24 EPS.
Tuesday: Forestar Group reported fiscal Q2 profit of $32.1 million and $0.63 EPS.
This week: D.R. Horton, Forestar provided full-year revenue guidance ranges and D.R. Horton declared a $0.45 quarterly dividend.
All summaries published via Automated Insights/AP using Zacks Investment Research data and republished by regional outlets.

News Intelligence

These earnings reports impact your wallet. If you're a shareholder in D.R. Horton, Forestar, or Commerce Bancshares, these profits could mean dividends for you. If you're considering investing, these figures provide a snapshot of each company's health.