US homebuilders are preparing for another difficult earnings season and year, as factors like war and tariffs continue to negatively impact their profit margins. The industry faces ongoing challenges that are expected to result in a "lost" earnings period.

Major US homebuilders like D.R. Horton Inc., Lennar Corp., and KB Home are anticipating another 'lost' earnings season after missing expectations last quarter. Estimates suggest further declines in sales and earnings, partly due to Middle East conflict unsettling buyers and raising costs.