LGI Homes, Inc. Reports First Quarter 2016 Results

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LGI Homes (LGIH) Tops Q1 EPS by 5c

May 10, 2016 7:14 AM EDT

LGI Homes (NASDAQ: LGIH) reported Q1 EPS of $0.57, $0.05 better than the analyst estimate of $0.52. Revenue for the quarter came in at $162.5 million versus the consensus estimate of $167.55 million.

Home closings during the first quarter of 2016 increased 25.8% to 844 from 671 during the first quarter of 2015.... More