Landsea Homes Corporation (LSEA) Tops Q3 EPS by 37c; offers outlook

Landsea Homes Corporation (NASDAQ: LSEA) reported Q3 EPS of $0.44, $0.37 better than the analyst estimate of $0.07. Revenue for the quarter came in at $338.5 million versus the consensus estimate of $346.15 million.

OUTLOOK

Full Year 2024 Outlook

New home deliveries anticipated to be in the range of 2,890 to 3,000
Delivery ASPs expected to be in the range of $520,000 to $535,000
Adjusted home sales gross margin of approximately 21%
Home sales gross margin of approximately 15%

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

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