NYSE$DFH
Dream Finders Homes Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Dream Finders Homes reported record homebuilding revenues and increased net income for the fourth quarter and full year 2022.
Dream Finders Homes announced record fourth-quarter homebuilding revenues of $1.1 billion, a 29% increase year-over-year. Net income attributable to Dream Finders Homes increased by 51% to $86 million, or $0.89 per basic share. The company's full-year results also reflected significant growth, with homebuilding revenues reaching $3.3 billion and net income increasing by 117%.
- Homebuilding revenues increased 29% to $1.1 billion compared to Q4 2021.
- Gross margin as a percentage of homebuilding revenues increased 90 basis points to 17.1%.
- Net income attributable to DFH increased 51% to $86 million, or $0.89 per basic share.
- Average sales price of homes closed increased 9% to $479,554 from $440,939.
Headline financials
Revenue & EPS history
Dream Finders Homes · Revenue · Quarterly
$1.1B
Revenue by segment
Dream Finders Homes · $1.1B total across 1 segment · Q4 2022
- Homebuilding$1.1B+29.0%100.0%
Forward guidance
Dream Finders Homes expects approximately 6,000 home closings for the full year 2023.
Headwinds
- Further deterioration of general economic conditions, including interest rate increases and mortgage availability.
- Any further COVID-19 governmental restrictions on land development, home construction or home sales.
- Additional supply chain challenges could negatively affect the Company’s ability to achieve this number of home closings in 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+0.5%
Avg return
Earnings day
-0.8%
Avg return
5 days after
+0.2%
Avg return
30 days after
43%
9 / 21 earnings
Positive
+25.2%
Q2 2023
Best reaction
-12.4%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.2% | +0.4% | +9.2% | |
| Q4 2025 | -2.0% | -11.8% | -29.7% | |
| Q3 2025 | -8.5% | -11.8% | -8.5% | |
| Q1 2025 | -3.6% | +0.6% | -1.1% | |
| Q4 2024 | +17.9% | +13.9% | +12.7% | |
| Q3 2024 | -1.3% | +4.0% | +6.8% | |
| Q2 2024 | -10.5% | -13.2% | +6.0% | |
| Q1 2024 | -12.4% | -13.7% | -20.3% | |
| Q4 2023 | +11.6% | +9.3% | +26.6% | |
| Q3 2023 | +11.7% | +13.3% | +26.1% | |
| Q2 2023 | +25.2% | +25.6% | +23.2% | |
| Q1 2023 | +2.3% | +5.6% | +21.4% | |
| Q4 2022 | -0.3% | -0.8% | +6.1% | |
| Q3 2022 | +3.5% | -0.6% | -7.4% | |
| Q2 2022 | -2.5% | -3.5% | -5.4% | |
| Q1 2022 | -6.4% | +1.6% | -10.1% | |
| Q4 2021 | +5.1% | -6.3% | -21.3% | |
| Q3 2021 | +2.5% | +9.7% | +16.2% | |
| Q2 2021 | -8.7% | -13.8% | -16.6% | |
| Q1 2021 | -8.8% | -7.7% | -15.7% | |
| Q4 2020 | -7.2% | -17.7% | -14.1% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro