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

Dream Finders Homes (Texas)

01/08/2024 14:54

* Dream Finders Homes Inc  DFH.N  reported quarterly
adjusted
earnings of 81 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 65 cents.  The mean expectation of
three analysts for the quarter was for earnings of 77 cents per
share. Wall Street expected results to range from 68 cents to 85
cents per share.
    * Revenue rose 11.7% to $1.06 billion from a year ago;
analysts
expected $1.08 billion. 
    * Dream Finders Homes Inc's reported EPS for the quarter was
81
cents​.
    * The company reported quarterly net income of $80.94
million.
    * Dream Finders Homes Inc shares had risen by 22.2% this
quarter and lost 11.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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." 
    * The average consensus recommendation for the homebuilding
peer
group is also "hold"

Wall Street's median 12-month price target for Dream Finders
Homes Inc is $32.00 
This summary was machine generated from LSEG data August 1 at
01:54 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
 Jan. 1 0001       0.77           0.81           Beat
 Mar. 31 2024      0.66           0.55           Missed
 Dec. 31 2023      0.71           1.00           Beat
 Sep. 30 2023      0.60           0.75           Beat