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DFH Dream Finders Homes (Texas) News Story

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Consumer CyclicalsAdventurousMid CapNeutral

Dream Finders Q2 home closings up 10%, revenue rises

Overview

Dream Finders Q2 homebuilding rev rises 4% to $1.1 bln

Net income for Q2 declines to $57 mln from $81 mln

Co acquires Alliant Title and Green River Builders, expanding financial services and Atlanta presence

Outlook

Dream Finders Homes maintains guidance of 9,250 home closings for full-year 2025

Company sees challenges from elevated interest rates affecting housing affordability

Result Drivers

HOME CLOSINGS - 10% increase in home closings driven by Liberty Communities acquisition

SALES INCENTIVES - Increased use of sales incentives impacted revenue growth

GROSS MARGIN DECLINE - Gross margin fell due to higher costs and product mix changes

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 Homebuilding Revenue$1.10 bln
Q2 EPS$0.57
Q2 Net Income$57 mln
Q2 Homebuilding Gross Margin16.5%
Q2 Pretax Profit$74 mln
Press Release: ID:nBw5cDzMma (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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