earnings
confidence high
sentiment negative
materiality 0.70
Smith Douglas Homes Q1 EPS $0.06 vs $0.30; net new orders up 28%
Smith Douglas Homes Corp.
2026-Q1 EPS reported
$0.06
revenue$206,444,000
- Home closing revenue down 8% to $206.4M; closings -7% to 624.
- Home closing gross margin fell to 19.6% from 23.8% YoY; pretax income $4.3M vs $19.6M.
- Net new home orders surged 28% to 981; backlog +10% to 869 homes.
- Repurchased 449,604 shares for $5.7M; active communities up 24% to 108.
- Build time averaged ~57 business days; CEO cites operational discipline and demand improvement.