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