Dream Finders Homes Inc DFH.N reported quarterly adjusted earnings of 56 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 81 cents. The mean expectation of two analysts for the quarter was for earnings of 61 cents per share. Wall Street expected results to range from 57 cents to 65 cents per share.
Revenue rose 9% to $1.15 billion from a year ago; analysts expected $1.06 billion.
Dream Finders Homes Inc's reported EPS for the quarter was 56 cents.
The company reported quarterly net income of $56.58 million.
Dream Finders Homes Inc shares had risen by 5.0% this quarter and gained 13.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the homebuilding peer group is "buy."
Wall Street's median 12-month price target for Dream Finders Homes Inc is $27.00, about 2.3% above its last closing price of $26.39
This summary was machine generated from LSEG data July 31 at 01:30 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)