Smith Douglas Homes had a strong start to the fiscal year with a significant increase in revenue and improved operational efficiencies. However, the company faces challenges with rising costs, pressure on margins, and a decline in backlog due to affordability concerns and macroeconomic uncertainties.
Company Guidance -
Q2 2025
In the first quarter of fiscal year 2025, Smith Douglas Homes reported a pre-tax income of $19.6 million, translating to net earnings of $0.30 per share. The company achieved a 19% increase in home closing revenue, reaching $225 million, and closed 671 homes, up from 566 in the same quarter last year. The gross margin for home closings was 23.8%, which exceeded previous guidance, though it was slightly lower than the 26.1% from the prior year due to higher lot costs and increased incentives. The company maintained strong operational metrics with average cycle times of 56 days, excluding Houston, and ended the quarter with a backlog of 791 homes at an average sales price of $341,000. Smith Douglas also reported $12.7 million in cash and a $40 million outstanding balance on an unsecured revolver, with an additional $195 million available. Looking ahead to the second quarter, the company anticipates closing between 620 and 650 homes with a gross margin range of 22.75% to 23.25%.
Strong Start to Fiscal Year
Smith Douglas Homes reported pre-tax income of $19.6 million and net earnings of $0.30 per share for Q1 2025. Home closing revenue was $225 million, a 19% increase over Q1 2024.
Improved Cycle Times
The company reduced its cycle times to an average of 56 days, excluding Houston, indicating operational efficiency improvements.
Expansion of Credit Facility
Smith Douglas Homes is finalizing an amendment to increase its credit facility by $75 million, bringing the total to $325 million.
Smith Douglas Homes Corp. Class A (SDHC) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SDHC Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 14, 2025
$20.77
$20.18
-2.84%
Mar 12, 2025
$21.13
$20.70
-2.04%
Nov 12, 2024
$35.67
$33.11
-7.18%
Aug 14, 2024
$32.56
$35.02
+7.56%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Smith Douglas Homes Corp. Class A (SDHC) report earnings?
Smith Douglas Homes Corp. Class A (SDHC) is schdueled to report earning on Aug 13, 2025, After Close (Confirmed).
What is Smith Douglas Homes Corp. Class A (SDHC) earnings time?
Smith Douglas Homes Corp. Class A (SDHC) earnings time is at Aug 13, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.