LGI Homes Inc reports results for the quarter ended December 31 - Earnings Summary

LGI Homes

25/02/2025 14:31

LGI Homes Inc LGIH.OQ reported quarterly adjusted earnings of $2.15​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.19.  The mean expectation of six analysts for the quarter was for earnings of $2.18 per share. Wall Street expected results to range from $1.82  to $2.32 per share.

Revenue fell 8.4% to $557.40 million from a year ago; analysts expected $588.55 million.

LGI Homes Inc's reported EPS for the quarter was $2.15​.

The company reported quarterly net income of $50.87 million.

LGI Homes Inc shares had fallen by 15.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 11.7% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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 average consensus recommendation for the homebuilding peer group is also "hold"

Wall Street's median 12-month price target for LGI Homes Inc is $115.00

This summary was machine generated from LSEG data February 25 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
2.18
2.15
Missed
Sep. 30 2024
2.54
2.95
Beat
Jun. 30 2024
2.18
2.48
Beat
Mar. 31 2024
1.06
0.72
Missed