2 Housing Sector Stocks Igniting Investing Interest Before Earnings

D.R. Horton, Inc. (NYSE:DHI) will unveil its latest earnings on Friday, November 11, 2011. The average estimate of analysts is for profit of 15 cents per share, a swing from a loss of 3 cents in the year earlier quarter. During the past three months, the average estimate has moved up from 14 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 15 cents during the last month. For the year, analysts are projecting net income of 27 cents per share, a decline of 10% from last year.

The company topped estimates last quarter after missing forecasts the quarter prior. In the third quarter, it reported profit of 9 cents per share against a mean estimate of net income of 5 cents per share. In the second quarter, it missed forecasts by one cent. Analysts are projecting a rise of 13.9% in revenue from the year-earlier quarter to $1.08 billion.

Competitors to Watch: PulteGroup, Inc. (NYSE:PHM), KB Home (NYSE:KBH), Lennar Corporation (NYSE:LEN), Toll Brothers, Inc. (NYSE:TOL), The Ryland Group, Inc. (NYSE:RYL), NVR, Inc. (NYSE:NVR), M.D.C. Holdings, Inc. (NYSE:MDC), Standard Pacific Corp. (NYSE:SPF), Orleans Homebuilders (OHBIQ), and Meritage Homes Corporation (NYSE:MTH).

Lowe’s Companies, Inc. (NYSE:LOW) will unveil its latest earnings on Monday, November 14, 2011. The average estimate of analysts is for profit of 33 cents per share, a rise of 6.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 35 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 33 cents during the last month. For the year, analysts are projecting net income of $1.59 per share, a rise of 9.7% from last year.

The company topped estimates last quarter after missing forecasts the quarter prior. In the second quarter, it reported profit of 68 cents per share against a mean estimate of net income of 67 cents per share. In the first quarter, it missed forecasts by 2 cents. Analysts are projecting a rise of 0.9% in revenue from the year-earlier quarter to $11.7 billion.

Competitors to Watch: The Home Depot, Inc. (NYSE:HD), Builders FirstSource, Inc. (NASDAQ:BLDR), Lumber Liquidators Hldgs., Inc. (NYSE:LL), Tractor Supply Company (NASDAQ:TSCO), Hornbach-Baumarkt-AG (NYSE:HBM), PulteGroup (NYSE:PHM), Toll Brothers (NYSE:TOL), D.R. Horton (NYSE:DHI), KB Home (NYSE:KBH), Lennar Corp (NYSE:LEN), Beazer Homes (NYSE:BZH), Sherwin-Williams (NYSE:SHW), Sears Holdings (NASDAQ:SHLD), Target (NYSE:TGT) and Wal-Mart (NYSE:WMT).

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