Legacy Housing Corp reports results for the quarter ended in December - Earnings Summary
15/03/2024 23:37
* Legacy Housing Corp LEGH.OQ reported quarterly adjusted
earnings of 28 cents per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 79 cents. The mean expectation of
three analysts for the quarter was for earnings of 71 cents per
share. Wall Street expected results to range from 64 cents to 77
cents per share.
* Revenue fell 55.4% to $33.71 million from a year ago;
analysts
expected $60.65 million.
* Legacy Housing Corp's reported EPS for the quarter was 28
cents.
* The company reported quarterly net income of $7.08
million.
* Legacy Housing Corp shares had fallen by 0.8% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 5.8%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* Wall Street's median 12-month price target for Legacy
Housing
Corp is $31.00
This summary was machine generated from LSEG data March 15 at
11:36 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 0.71 0.28 Missed
Sep. 30 2023 0.58 0.64 Beat
Jun. 30 2023 0.62 0.60 Missed
Mar. 31 2023 0.65 0.65 Met