Landsea Homes Reports Third Quarter 2024 Results
Landsea Homes Corporation (LSEA)
Company Research
Source: GlobeNewswire
Net income increased 29% to $11.1 million or $0.30 per share, a 36% increaseAdjusted net income increased 36% to $15.9 million or $0.44 per share, a 47% increaseHome sales revenue increased 26.2% to $325.6 millionNew home deliveries increased 40% to 629 homesNet new home orders of 626 increased 28.8%Home sales gross margin of 17.1%, adjusted home sales gross margin of 22.8%Book value per share of $18.27 DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) announced today financial results for the third quarter ended September 30, 2024. For the quarter, the Company reported pretax income of $14.9 million, and net income of $11.1 million, or $0.30 per share. Adjusted net income (a non-GAAP measure) was $15.9 million or $0.44 per share and adjusted gross margin was 22.8%. Reported pretax income for the prior year period was $12.5 million with net income of $8.6 million, or $0.22 per share. For the prior year period, adju
Show less
Read more
Impact Snapshot
Event Time:
LSEA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LSEA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LSEA alerts
High impacting Landsea Homes Corporation news events
Weekly update
A roundup of the hottest topics
LSEA
News
- LANDSEA HOMES SIGNS 14,725-SQUARE-FOOT OFFICE LEASE FOR DALLAS-FORT WORTH DIVISION HEADQUARTERS [Yahoo! Finance]Yahoo! Finance
- LANDSEA HOMES SIGNS 14,725-SQUARE-FOOT OFFICE LEASE FOR DALLAS-FORT WORTH DIVISION HEADQUARTERSPR Newswire
- Landsea Homes' (NASDAQ:LSEA) Conservative Accounting Might Explain Soft Earnings [Yahoo! Finance]Yahoo! Finance
- Trump says deportations will lower housing costs. The reality is complicated. [Yahoo! Finance]Yahoo! Finance
- Landsea Homes to Present at the 16th Annual Southwest IDEAS Investor Conference in Dallas, Texas on Thursday, November 21GlobeNewswire
LSEA
Earnings
- 11/4/24 - Beat
LSEA
Sec Filings
- 11/8/24 - Form 4
- 11/8/24 - Form SC
- 11/4/24 - Form 10-Q
- LSEA's page on the SEC website