Dream Finders Homes, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 11:40 am EDT
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Dream Finders Homes, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 783.95 million compared to USD 361.32 million a year ago. Revenue was USD 785.67 million compared to USD 362.98 million a year ago. Net income was USD 69.64 million compared to USD 19.14 million a year ago. Basic earnings per share from continuing operations was USD 0.71 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.64 compared to USD 0.2 a year ago.
For the nine months, sales was USD 2,237.65 million compared to USD 1,067.23 million a year ago. Revenue was USD 2,242.87 million compared to USD 1,071.82 million a year ago. Net income was USD 175.98 million compared to USD 63.83 million a year ago. Basic earnings per share from continuing operations was USD 1.78 compared to USD 0.69 a year ago. Diluted earnings per share from continuing operations was USD 1.67 compared to USD 0.69 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.
DREAM FINDERS HOMES, INC. 
