What to Watch Tuesday: Will D.R. Horton Build Investor Confidence?

Other companies reporting earnings on Tuesday include Vodefone Group and Tribune Media.
By U-Jin Lee ,

On Tuesday TheStreet will highlight several companies reporting financial results as the earnings season tails off.

In the morning, Vodafone Group (VOD) - Get Report , D.R. Horton (DHI) - Get Report , Wayfair (W) - Get Report , and Tribune Media (TRCO) - Get Report will report earnings.

After the market closes we'll get results from Juno Therapeutics (JUNO) .

Many investors will be watching D.R. Horton's results when the Texas-based homebuilder releases its fiscal fourth quarter numbers. Analysts' estimates are $0.62 a share on over $3 billion in sales.

The company is projected to do better than last year's results. For the fourth quarter of fiscal 2014, D.R. Horton reported earnings of $0.45 a share on revenue of $2.4 billion.

D.R. Horton is a leader in the home building industry and has a strong track record. It beat estimates for the past three quarters. But its competitors -- who already reported their earnings -- recently missed forecasts on the top line. So investors will see if D.R. Horton can differentiate itself.

Action Alerts PLUS Research Analyst Scott Berman said, "I think it's going to be extremely important for investors to get a broader read-through as to how the entire housing market is doing in general. The market has done well for the entire year, but last month we got some contradicting reports with new home sales being down but building starts and optimism being up. So I think investors are going to be looking for how the company is talking about the broader market and how they feel about it moving forward."

In addition, several economic reports will be released Tuesday. Import and export prices will come out at 8:30 a.m., followed by the Redbook numbers and wholesale trade. In the afternoon we'll hear from Charles Evans, CEO of the Federal Reserve Bank of Chicago. He'll be talking about government debt in Chicago.

TheStreet's U-Jin Lee reports in New York.

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