Landsea Homes Corporation (LSEA) Tops Q4 EPS by 6c

Landsea Homes Corporation (NASDAQ: LSEA) reported Q4 EPS of $0.81, $0.06 better than the analyst estimate of $0.75. Revenue for the quarter came in at $417.5 million versus the consensus estimate of $418.17 million.

GUIDANCE:

First quarter 2023

• New home deliveries anticipated to be in a range of 400 to 445
• Delivery ASPs expected to be in a range of $520,000 to $525,000
• Home sales gross margins between 17% and 18% on a GAAP basis and between 21% and 22% on an adjusted basis.

For earnings history and earnings-related data on Landsea Homes Corporation (LSEA) click here.

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