Overview
Legacy Q2 2025 revenue rises 18%, beating analyst expectations, per LSEG data
Net income for Q2 2025 declines 9.2% yr/yr, reflecting market uncertainties
Company repurchased 260,635 shares for $5.8 mln, indicating confidence in long-term value
Result Drivers
REVENUE GROWTH - Driven by higher average selling prices and increased unit volumes
SHARE REPURCHASE - Company repurchased shares, indicating confidence in long-term value
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$50.20 mln
$44 mln (4 Analysts)
Q2 Net Income
$14.70 mln
Q2 Basic EPS
$0.61
Q2 Operating Income
$16.80 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the homebuilding peer group is "buy"
Wall Street's median 12-month price target for Legacy Housing Corp is $30.00, about 21.1% above its August 6 closing price of $23.67
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release: ID:nGNXPTpWq
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
