LGI Homes (LGIH) Misses Q4 EPS by 3c, Revenues Miss; Offers FY19 EPS Guidance Above Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
LGI Homes, Inc. Reports Fourth Quarter and Full Year 2018 Results and Releases 2019 Guidance
February 26, 2019 7:01 AM ESTTHE WOODLANDS, Texas, Feb. 26, 2019 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq: LGIH) today announced results for the fourth quarter 2018 and the twelve months ended December 31, 2018.
Fourth Quarter 2018 Results and Comparisons to Fourth Quarter 2017
Net Income increased 19.7% to $42.7 million, or $1.89 Basic EPS and $1.72 Diluted EPSNet Income Before Income Taxes increased 2.1% to $56.2 millionHome Sales Revenues increased 5.0% to $425.2 millionHome Closings increased 0.4% to 1,852 homesAverage Home Sales Price increased 4.5% to $229,568Gross Margin as a Percentage of Homes Sales Revenues remained approximately the same... More