LGI Homes, Inc. Reports Third Quarter and YTD 2019 Results and Updates 2019 Guidance
LGI Homes, Inc. (LGIH)
Last lgi homes, inc. earnings: 2/25 07:00 am
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US:NASDAQ Investor Relations:
investor.lgihomes.com/investor-relations
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Source: GlobeNewswire
THE WOODLANDS, Texas, Nov. 05, 2019 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced results for the third quarter 2019 and the nine months ended September 30, 2019. Third Quarter 2019 Results and Comparisons to Third Quarter 2018 Net Income of $49.3 million, or $2.15 Basic EPS and $1.93 Diluted EPSNet Income Before Income Taxes increased 32.1% to $64.7 millionHome Sales Revenues increased 27.0% to $483.1 millionHome Closings increased 25.1% to 2,003Average Home Sales Price increased 1.5% to $241,179Gross Margin as a Percentage of Homes Sales Revenues was 24.1%Adjusted Gross Margin (non-GAAP) as a Percentage of Home Sales Revenues was 26.3%Active Selling Communities at September 30, 2019 increased 27.2% to 10348,803 Total Owned and Controlled Lots at September 30, 2019 Please see “Non-GAAP Measures” for a reconciliation of Adjusted Gross Margin (a non-GAAP measure) to Gross Margin, the most directly comparable GAAP measure. Nine Months Ended September 30
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News
- LGI Homes Announces Pricing of $400 Million of Unsecured Senior Notes due 2032GlobeNewswire
- LGI Homes Announces Private Offering of $400 Million of Unsecured Senior Notes due 2032GlobeNewswire
- Time To Worry? Analysts Just Downgraded Their LGI Homes, Inc. (NASDAQ:LGIH) Outlook [Yahoo! Finance]Yahoo! Finance
- LGI Homes, Inc. Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- LGI Homes, Inc. (NASDAQ: LGIH) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $125.00 price target on the stock.MarketBeat
LGIH
Earnings
- 11/5/24 - Beat
LGIH
Sec Filings
- 11/15/24 - Form 8-K
- 11/13/24 - Form 8-K
- 11/12/24 - Form SC
- LGIH's page on the SEC website