Brief: Dream Finders Announces Fourth Quarter 2021 Earnings And Full Year 2021 Results

Dream Finders Homes (Texas)

16/03/2022 11:18

March 16 (Reuters) - Dream Finders Homes Inc  DFH.O :
    * DREAM FINDERS ANNOUNCES FOURTH QUARTER 2021 EARNINGS AND
FULL
YEAR 2021 RESULTS
    * Q4 REVENUE ROSE 84.4 PERCENT TO $850.1 MILLION
    * NET INCOME ATTRIBUTABLE TO DFH IN Q4 OF 2021 WAS $57.3
MILLION,
OR $0.55 PER DILUTED SHARE
    * EXPECTS A MINIMUM OF 7,000 HOME CLOSINGS FOR THE FULL YEAR
2022
FOR THE COMBINED COMPANY
    * AT END OF Q4 2021, COMPANY HAD LARGEST BACKLOG IN COMPANY
HISTORY WITH 6,381 HOMES, VALUED AT $2.9 BILLION
    * Q4 EARNINGS PER SHARE VIEW $0.52, REVENUE VIEW $839.4
MILLION --
REFINITIV IBES DATA
    * DREAM FINDERS - AS OF DEC 31, 2021, COMBINED CO BACKLOG
WAS
6,381 HOMES, ABOUT 10% OF THE HOMES IN BACKLOG EXPECTED TO BE
DELIVERED IN 2023 & BEYOND

Source text for Eikon:  ID:nGNX2QNsh9 
Further company coverage:  DFH.O