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

LGI Homes

15/02/2022 14:30

* LGI Homes Inc  LGIH.OQ  reported quarterly adjusted
earnings of
$4.53​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of $4.20 per share.
    * Revenue fell 10.7% to $801.08 million from a year ago; 
analysts
expected $758.08 million. 
    * LGI Homes Inc's reported EPS for the quarter was $4.53​.
    * The mean earnings estimate of analysts had risen by
about 2.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * LGI Homes Inc shares had fallen by 21.4% this quarter.
    * The company reported quarterly net income of $111.3
million.
    * Wall Street's median 12-month price target for LGI Homes
Inc is
$147.50 
    * 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." 

This summary was machine generated February 15 at 02:30 p.m.
 ​All figures in US dollars unless otherwise stated