Dream Finders Homes Inc reports results for the quarter ended in December - Earnings Summary

Dream Finders Homes (Texas)

29/02/2024 14:33

* Dream Finders Homes Inc  DFH.N  reported quarterly
adjusted
earnings of $1.00​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 78 cents.  The mean expectation of
three analysts for the quarter was for earnings of 71 cents per
share. Wall Street expected results to range from 62 cents to 80
cents per share.
    * Revenue rose 3.5% to $1.14 billion from a year ago;
analysts
expected $898.68 million. 
    * Dream Finders Homes Inc's reported EPS for the quarter was
$1.00​.
    * The company reported quarterly net income of $101.95
million.
    * Dream Finders Homes Inc shares had fallen by 2.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Dream
Finders
Homes Inc is $24.00 

This summary was machine generated from LSEG data February 29 at
02:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.71           1.00           Beat
 Sep. 30 2023      0.60           0.75           Beat
 Jun. 30 2023      0.34           0.65           Beat
 Mar. 31 2023      0.22           0.45           Beat