Dream Finders Homes, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 29, 2024 at 08:30 am EST
Share
Dream Finders Homes, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 1,135.03 million compared to USD 1,096.91 million a year ago. Revenue was USD 1,138 million compared to USD 1,099.47 million a year ago.
Net income was USD 101.95 million compared to USD 86.33 million a year ago. Basic earnings per share from continuing operations was USD 1.06 compared to USD 0.89 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 0.78 a year ago.
Dream Finders Homes, Inc. (DFHs) is a homebuilder company. The Company builds single-family homes throughout the Southeast, Mid-Atlantic and Midwest, including Florida, Texas, North Carolina, South Carolina, Georgia, Tennessee, Colorado, and the Washington, D.C. metropolitan area, which comprises of Northern Virginia and Maryland. The Company has also expanded its operations in Charleston and Greenville, South Carolina, and Nashville, Tennessee. Through its financial services joint ventures, DFH also provides mortgage financing and title services to homebuyers. It provides financial services operations that offers title insurance primarily through DF Title, LLC, doing business as Golden Dog Title & Trust and mortgage banking solutions primarily through its mortgage banking joint venture, Jet HomeLoans, LP. The Company sells homes under the Dream Finders Homes, DF Luxury, Craft Homes, and Coventry Homes brands.