LGI Homes Inc reports results for the quarter ended June 30 - Earnings Summary
LGI Homes Inc reports results for the quarter ended June 30 - Earnings Summary
LGI Homes Inc LGIH.OQ reported quarterly adjusted earnings of $1.16 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.36. The mean expectation of three analysts for the quarter was for earnings of 98 cents per share. Wall Street expected results to range from 72 cents to $1.16 per share.
Revenue rose 6.7% to $516.05 million from a year ago; analysts expected $489.23 million.
LGI Homes Inc's reported EPS for the quarter was $1.16.
The company reported quarterly net income of $26.98 million.
LGI Homes Inc shares had fallen by 11.9% this quarter and gained 30.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 27.3% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the homebuilding peer group is "hold."
Wall Street's median 12-month price target for LGI Homes Inc is $93.00, about 39.7% above its last closing price of $56.10
This summary was machine generated from LSEG data August 4 at 01:31 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 |
Jun. 30 2026 | 0.98 | 1.16 | Beat |
Mar. 31 2026 | 0.02 | 0.24 | Beat |
Dec. 31 2025 | 0.96 | 0.97 | Beat |
Sep. 30 2025 | 0.93 | 0.85 | Missed |
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