Recap: Landsea Homes Q1 Earnings - Landsea Homes (NASDAQ:LSEA)

Landsea Homes LSEA reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Landsea Homes beat estimated earnings by 80.0%, reporting an EPS of $0.18 versus an estimate of $0.1.

Revenue was down $74.49 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 0.15% increase in the share price the next day.

Here's a look at Landsea Homes's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.75	0.50	0.54	0.24
EPS Actual	0.81	0.69	0.71	0.71
Revenue Estimate	441.48M	348.30M	335.59M	238.66M
Revenue Actual	425.96M	335.58M	368.68M	316.23M

To track all earnings releases for Landsea Homes visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.