LGI Homes Inc expected to post earnings of $2.72 a share - Earnings Preview

LGI Homes

29/04/2022 19:37

* LGI Homes Inc  LGIH.OQ   LGIH.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 3. 
    * The The Woodlands Texas-based  company is expected to
report  a
25.8% decrease in revenue to $523.983 million from $705.95
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for LGI Homes Inc is
for
earnings of $2.72 per share. For the same quarter last year, the
company reported earnings of $3.95 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "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 LGI Homes
Inc is
$117.5​, above​ its last closing price of $96.46. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  4.32        4.20       4.53      Beat    8
 Sep. 30 2021  3.96        3.95       4.05      Beat    2.4
 Jun. 30 2021  4.02        3.92       4.71      Beat    20.1​
 Mar. 31 2021  2.54        2.50       3.95      Beat    57.9
 ​​Dec.        4.49        4.27       5.34      Beat    25
 31 2020                                                
 Sep. 30 2020  2.16        2.16       2.45      Beat    13.6​
 Jun. 30 2020  1.70        1.62       2.21      Beat    36.8
 Mar. 31 2020  1.24        1.23       1.67      Beat    35.8
 This summary was machine generated April 29 at 18:37 GMT.  All
figures in US dollars  unless otherwise stated