LGI Homes, Inc. Reports Third Quarter and YTD 2018 Results

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LGI Homes (LGIH) Tops Q3 EPS by 5c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

November 6, 2018 7:14 AM EST

LGI Homes (NASDAQ: LGIH) reported Q3 EPS of $1.52, $0.05 better than the analyst estimate of $1.47. Revenue for the quarter came in at $380.37 million versus the consensus estimate of $378.95 million.

This was a solid and productive quarter for LGI Homes, said Eric Lipar, the Companys Chief Executive Officer and Chairman of the Board. We ended the quarter with over 1,600 closings, reached new company highs for average sales... More