Smith Douglas Homes reports Q1 EPS 30c, consensus 29c

Reports Q1 revenue $224.72M, consensus $215.64M. Greg Bennett, vice chairman and CEO, commented, “Smith Douglas Homes (SDHC) turned in another quarter of strong profitability to start 2025, generating pretax income of $19.6 million, or earnings of $0.30 per diluted share. Home closing revenue grew 19% year-over-year on a similar increase in new home closings, while home closing gross margin came in at 23.8%, which was above our expectations for the quarter. I want to thank our entire team for once again executing with efficiency and precision.”