Shares of LGI Homes LGIH remained unaffected after the company reported Q1 results.
Quarterly Results
Earnings per share were up 136.53% over the past year to $3.95, which beat the estimate of $2.50.
Revenue of $705,953,000 higher by 55.25% year over year, which beat the estimate of $598,550,000.
Guidance
LGI Homes sees FY21 home closings of 9.7K-10.3K.
Details Of The Call
Date: May 04, 2021
Time: 12:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/p5njcqyz
Recent Stock Performance
Company's 52-week high was at $173.38
Company's 52-week low was at $56.90
Price action over last quarter: Up 48.44%
Company Profile
LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring.
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