LGI Homes (LGIH) Reports In-Line Q3 EPS
LGI Homes (NASDAQ: LGIH) reported Q3 EPS of $0.34, in-line with the analyst estimate of $0.34. Revenue for the quarter came in at $92.5 million versus the consensus estimate of $89.9 million.
- Home Closings Increased 24.3% to 557 Homes
- Average Home Sales Price Increased 9.4% to $166,097
- Adjusted Gross Margin as a Percentage of Home Sales Revenues Increased 80 Basis Points to 28.3%
- Active Selling Communities at Quarter-end Increased to 34 from 22
- Total Owned and Controlled Lots Increased to 21,638
For earnings history and earnings-related data on LGI Homes (LGIH) click here.
