Dream Finders Homes Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters11-01
Dream Finders Homes Inc reports results for the quarter ended in September 30 - Earnings Summary
  • Dream Finders Homes Inc DFH.N reported quarterly adjusted earnings of 70 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 75 cents. The mean expectation of three analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 80 cents to 88 cents per share.

  • Revenue rose 12.4% to $1.01 billion from a year ago; analysts expected $1.07 billion.

  • Dream Finders Homes Inc's reported EPS for the quarter was 70 cents​.

  • The company reported quarterly net income of $70.65 million.

  • Dream Finders Homes Inc shares had fallen by 14.0% this quarter and lost 12.3% 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 November 1 at 03:47 a.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

Sep. 30 2024

0.84

0.70

Missed

Jun. 30 2024

0.77

0.81

Beat

Mar. 31 2024

0.66

0.55

Missed

Dec. 31 2023

0.71

1.00

Beat

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