LGI Homes Inc expected to post earnings of $3.95 a share - Earnings Preview

LGI Homes

29/10/2021 14:01

* LGI Homes Inc  LGIH.OQ   LGIH.O  is expected to show a rise in
quarterly revenue when it reports results on November 2. 
* The The Woodlands, Texas-based company is expected to report 
a 37.0% increase in revenue to $731.984 million from $534.2
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for LGI Homes Inc is for
earnings of $3.95 per share. For the same quarter last year, the
company reported earnings of $2.45 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 2 "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 $140​, about 5.6% below​ its last closing price
of $147.81. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  4.49        4.27       5.34      Beat    25​
 Sep. 30 2020  2.16        2.16       2.45      Beat    13.6
 Jun.          1.70​       1.62       2.21      Beat    36.8​
 30​ 2020​                                              
 Mar. 31 2020  1.24        1.23       1.67      Beat    35.8​
 Dec. 31 2019  2.43        2.34       2.52      Beat    7.8
 Sep. 30 2019  1.88        1.88       1.93      Beat    2.5
 This summary was machine generated October 29 at 13:01 GMT.  All
figures in US dollars unless otherwise stated