Legacy Housing Corp reports results for the quarter ended in March - Earnings Summary

Legacy Housing (Texas)

10/05/2023 04:17

* Legacy Housing Corp  LEGH.OQ  reported quarterly adjusted
earnings of 65 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 65 cents per share.
    * Revenue fell 11.8% to $52.86 million from a year ago;
analysts
expected $62.83 million. 
    * Legacy Housing Corp's reported EPS for the quarter was 65
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Legacy Housing Corp shares had risen by 0.2% this
quarter and
gained 20.3% so far this year.
    * The company reported quarterly net income of $16.28
million.
    * Wall Street's median 12-month price target for Legacy
Housing
Corp is $28.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
10 at 03:17 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.65           0.65           Met
 Dec. 31 2022      0.60           0.79           Beat
 Sep. 30 2022      0.60           0.58           Missed
 Jun. 30 2022      0.57           0.69           Beat