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United Homes Group (UHG)
NASDAQ:UHG
US Market
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United Homes Group (UHG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 13, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
Last Year’s EPS
Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Aug 10, 2023
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% Change Since: -25.99%
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Next Earnings Date:May 15, 2023
Earnings Call Sentiment|Neutral
The earnings call highlighted robust growth in home sales revenue and strategic expansions, supported by strong market fundamentals and leadership changes aimed at improving operations. However, financial challenges were apparent with a net loss in the third quarter and decreased profit margins due to increased sales incentives.
Company Guidance
During the United Homes Group's third-quarter earnings call for 2024, several key metrics were highlighted. The company reported a net loss of $7.3 million for the quarter, influenced by a $7.8 million change in fair value primarily related to earn-out accounting. Despite this, the revenue increased to $118.6 million from $87.7 million in the same quarter the previous year. Home sales revenue grew by 35% year-over-year, with a 30% increase in new home deliveries, totaling 369 homes closed compared to 283 in the third quarter of 2023. The average sales price for production-built homes rose slightly to $320,000 from $316,000. Net new orders also saw a 25% increase, reaching 341 homes. Gross profit was $22.4 million, though the gross profit margin decreased to 18.9% from 19.8% in the prior year due to incentives offered to homebuyers. The company maintained a backlog of 220 homes valued at about $79.9 million and had 55 active communities. They reported $25.8 million in cash and $89 million in total liquidity, including $63.2 million available on their credit facility.
Significant Revenue and Home Sales Growth
Home sales revenue grew by 35% year-over-year, with a 30% increase in new home deliveries and a total of 341 homes sold, representing a 25% increase over the prior year period.
Expansion and Strategic Acquisitions
Successful integration of Rosewood and Creekside homes into the homebuilding platform, with progress in establishing a foothold in Raleigh, North Carolina.
Positive Housing Market Fundamentals
Strong local economies and migration patterns supported by steady community traffic, maintaining a steady cadence of orders.
Strong Leadership and Strategic Initiatives
Appointment of Jamie Pirrello as interim CEO, bringing industry knowledge and experience to drive growth and improve gross margins.
Solid Financial Performance
Net income for the 9 months ended September 30, 2024, was $46.2 million, and revenue increased to $328.9 million for the same period.
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United Homes Group (UHG) 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

UHG Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
May 15, 20232023 (Q1)
- / -5.44
0.456-1293.64% (-5.90)
Aug 10, 20232023 (Q2)
- / 4.27
0.0844983.33% (+4.19)
Nov 09, 20232023 (Q3)
- / 2.35
-0.0643773.44% (+2.42)
Mar 14, 20242023 (Q4)
- / -1.38
0.06-2396.67% (-1.44)
May 10, 20242024 (Q1)
- / 0.44
-5.443108.07% (+5.88)
Aug 08, 20242024 (Q2)
- / 0.50
4.27-88.36% (-3.77)
Nov 08, 20242024 (Q3)
- / -0.15
2.351-106.47% (-2.50)
Mar 13, 20252024 (Q4)
- / -
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
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UHG Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 08, 2024$6.08$6.34+4.28%
Aug 08, 2024$5.75$5.96+3.65%
May 10, 2024$6.75$6.80+0.74%
Mar 14, 2024$7.46$6.82-8.58%
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.
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FAQ

When does United Homes Group (UHG) report earnings?
United Homes Group (UHG) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.
    What is United Homes Group (UHG) earnings time?
    United Homes Group (UHG) earnings time is at Mar 13, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is UHG EPS forecast?
          Currently, no data Available
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