Dream Finders Homes (NYSE:DFH) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.01b (up 12% from 3Q 2023).

• Net income: US$70.7m (down 3.4% from 3Q 2023).

• Profit margin: 7.0% (down from 8.2% in 3Q 2023). The decrease in margin was driven by higher expenses.

• EPS: US$0.76 (down from US$0.79 in 3Q 2023).

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 7.2%. Earnings per share (EPS) also missed analyst estimates by 19%.

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the US.

Performance of the American Consumer Durables industry.

The company's shares are down 6.7% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Dream Finders Homes (including 1 which is a bit concerning).

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