Legacy Housing Corp expected to post earnings of 62  cents a share - Earnings Preview

Legacy Housing (Texas)

08/08/2023 03:05

* Legacy Housing Corp  LEGH.OQ   LEGH.O  is expected to show
a
fall in quarterly revenue when it reports  results on August 9. 
    * The Bedford Texas-based  company is expected to report  a
14.1% decrease in revenue to $55.185 million from $64.21 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Legacy Housing Corp
is
for earnings of 62 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Legacy
Housing
Corp is $30​, above​ its last closing price of $22.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.65        0.65       0.65      Met     0.5
 Dec. 31 2023              0.60       0.79      Beat    31.7
 Sep. 30 2022  0.62        0.60       0.58      Missed  -3.7​
 Jun. 30 2022  0.58        0.57       0.69      Beat    21.1
 ​​Mar.        0.54        0.52       0.65      Beat    25.8
 31 2022                                                
 Dec. 31 2021              0.51       0.56      Beat    10.9​
 Sep. 30 2021  0.42        0.43       0.61      Beat    41.9
 Jun. 30 2021  0.43        0.43       0.51      Beat    18.6
 This summary was machine generated August 8 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated