LGI Homes Inc expected to post earnings of $3.52 a share - Earnings Preview

LGI Homes

28/10/2022 19:35

* LGI Homes Inc  LGIH.OQ   LGIH.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 1. 
    * The The Woodlands Texas-based  company is expected to
report  a
19.9% decrease in revenue to $602.103 million from $751.61
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 $3.52 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.0%
in the last three months. ​
    * Wall Street's median 12-month price target for LGI Homes
Inc is
$98​, above​ its last closing price of $90.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  4.24        4.29       5.20      Beat    21.3
 Mar. 31 2022  2.71        2.72       3.25      Beat    19.6
 Dec. 31 2021  4.32        4.20       4.53      Beat    8​
 Sep. 30 2021  3.96        3.95       4.05      Beat    2.4
 ​​Jun.        4.02        3.92       4.71      Beat    20.1
 30 2021                                                
 Mar. 31 2021  2.54        2.50       3.95      Beat    57.9​
 Dec. 31 2020  4.49        4.27       5.34      Beat    25
 Sep. 30 2020  2.16        2.16       2.45      Beat    13.6
 This summary was machine generated October 28 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated