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

Dream Finders Homes (Texas)

02/11/2023 13:32

* Dream Finders Homes Inc  DFH.N  reported quarterly
adjusted
earnings of 75 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 64 cents.  The mean expectation of
three analysts for the quarter was for earnings of 60 cents per
share. Wall Street expected results to range from 58 cents to 63
cents per share.
    * Revenue rose 14% to $895.83 million from a year ago;
analysts
expected $872.57 million. 
    * Dream Finders Homes Inc's reported EPS for the quarter was
75
cents​.
    * The company reported quarterly net income of $76.1
million.
    * Dream Finders Homes Inc shares had fallen by 9.0% this
quarter and gained 133.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 16.5%
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." 
    * 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 $21.50 
This summary was machine generated from LSEG data November 2 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.60           0.75           Beat
 Jun. 30 2023      0.34           0.65           Beat
 Mar. 31 2023      0.22           0.45           Beat
 Dec. 31 2022      0.75           0.78           Beat