Overview

* Dream Finders Q2 homebuilding rev rises 4% to $1.1 bln

* Net income for Q2 declines to $57 mln from $81 mln

* Co acquires Alliant Title and Green River Builders, expanding financial services and Atlanta presence

Outlook

* Dream Finders Homes ( DFH ) maintains guidance of 9,250 home closings for full-year 2025

* Company sees challenges from elevated interest rates affecting housing affordability

Result Drivers

* HOME CLOSINGS - 10% increase in home closings driven by Liberty Communities acquisition

* SALES INCENTIVES - Increased use of sales incentives impacted revenue growth

* GROSS MARGIN DECLINE - Gross margin fell due to higher costs and product mix changes

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $1.10

Homebuil bln

ding

Revenue

Q2 EPS $0.57

Q2 Net $57 mln

Income

Q2 16.5%

Homebuil

ding

Gross

Margin

Q2 $74 mln

Pretax

Profit

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)