Dream Finders Homes Announces Record First Quarter 2021 Earnings as Homes Delivered Increased by 95% and Net New Orders Increased by 137%

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Go back to Dream Finders Homes Announces Record First Quarter 2021 Earnings as Homes Delivered Increased by 95% and Net New Orders Increased by 137%

Dream Finders Holdings (DFH) Misses Q1 EPS by 1c, Revenues Miss

May 12, 2021 8:02 AM EDT

Dream Finders Holdings (NASDAQ: DFH) reported Q1 EPS of $0.18, $0.01 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $343.6 million versus the consensus estimate of $350.23 million.

First Quarter 2021 Highlights and Results

Total revenues were $343.6 million, an increase of 82.0% when compared to the $188.7 million in the first quarter of 2020. Home closings increased to 1,002 homes for the first quarter of 2021, a 94.6% increase over the 515 home closings in the first quarter of 2020. Average selling price per home closed (ASP) in the first quarter of 2021 was $335,986 compared to $362,591 for the first quarter of 2020.... More