Consumer Durables News

Dream Finders Homes Third Quarter 2022 Earnings: Misses Expectations

Dream Finders Homes (NYSE:DFH) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$785.7m (up 116% from 3Q 2021).
  • Net income: US$66.0m (up 248% from 3Q 2021).
  • Profit margin: 8.4% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue.
  • EPS: US$0.71 (up from US$0.20 in 3Q 2021).
NYSE:DFH Earnings and Revenue Growth November 6th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dream Finders Homes Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 3.5%.

Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the US are expected to remain flat.

Performance of the American Consumer Durables industry.

The company’s shares are down 3.5% from a week ago.

Risk Analysis

We should say that we’ve discovered 2 warning signs for Dream Finders Homes that you should be aware of before investing here.

Valuation is complex, but we’re helping make it simple.

Find out whether Dream Finders Homes is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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