LGI Homes (LGIH) Tops Q1 EPS by 32c

LGI Homes (NASDAQ: LGIH) reported Q1 EPS of $1.10, $0.32 better than the analyst estimate of $0.78. Revenue for the quarter came in at $297 million versus the consensus estimate of $272 million.

• Home Closings increased 63.5% to 1,244 homes
• Average Home Sales Price increased 4.8% to $224,296

For earnings history and earnings-related data on LGI Homes (LGIH) click here.

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