Smith Douglas Homes Corp. Class A (SDHC)
NYSE:SDHC
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Earnings Data
Report Date
Aug 19, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.26Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: strong operational execution (record orders, closings at the top of guidance, community expansion, quick build times and healthy liquidity) but notable margin and profitability pressures driven by elevated incentives/forward commitment costs, higher lot cost basis (+300 bps), and an expected sequential margin decline into Q2. Adjusted net income dropped materially year-over-year, and management withheld full-year guidance due to macro uncertainty. Overall the company appears to be growing and scaling market share while sacrificing near-term margin to maintain pace.Company Guidance
Strong Order Volume and Record Quarterly Orders
Generated 981 net new orders, up 28% year-over-year and a new quarterly record for the company, signaling demand recovery and effective price discovery.
Closings at High End of Guidance and Solid Revenue
Delivered 624 homes (at the high end of guidance) producing $206.4 million in revenue with an average sales price (ASP) of $331,000.
Home Closing Gross Margin Beat Expectations
GAAP home closing gross margin of 19.6% (adjusted margin 20.3%) exceeded expectations, aided by a 170 basis-point benefit from reduction of land development accruals.
Backlog Growth and Reservations
Ended the quarter with 869 homes in backlog at an average sales price of $332,000 plus 42 reservations expected to convert, supporting near-term closing cadence.
Community Expansion and Footprint Growth
Expanded to 108 active communities, up 24% year-over-year, and continued market ramps in Dallas, Chattanooga, Greenville and Alabama Gulf Coast.
Operational Efficiency and Quick Build Time
Average build time remained 57 days, with a sequential improvement in monthly sales pace culminating in 4 homes per community in March; emphasis on 'pace over price' to drive inventory turns.
Conservative Balance Sheet and Liquidity
Ended the quarter with $28.0 million cash, $68.5 million total debt, approximately $195 million available on the revolving credit facility, debt-to-book capitalization 13.6% and net debt-to-net book capitalization 8.5%.
Disciplined Capital Allocation — Share Repurchases
Repurchased approximately $10 million of stock at an average price of $13.28 per share, showing opportunistic use of capital while preserving financial flexibility.
Presale Focus and Reduction in Spec Inventory
Progress toward a more presale-oriented backlog; management reports improvement in presales and that spec inventory has been coming down with many homes selling prior to drywall stage.
Q2 Near-Term Guidance
Provided Q2 guidance of 725–800 closings, ASP $325,000–$330,000, and gross margin 17.0%–17.5%, indicating expected sequential volume growth.
Smith Douglas Homes Corp. Class A (SDHC) Earnings, Revenues Date & History
SDHC Earnings History
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 |
|---|---|---|---|
Apr 29, 2026 | $13.76 | $13.33 | -3.12% |
Mar 11, 2026 | $13.43 | $11.88 | -11.54% |
Nov 05, 2025 | $17.41 | $17.91 | +2.87% |
Aug 06, 2025 | $20.10 | $19.36 | -3.68% |
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 19, 2026, 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 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is SDHC EPS forecast?
SDHC EPS forecast for the fiscal quarter 2026 (Q2) is 0.11.