LGI Homes (LGIH) Tops Q4 EPS by 18c, Revenues Beat

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LGI Homes, Inc. Reports Fourth Quarter and Full Year 2019 Results and Releases 2020 Guidance

February 25, 2020 7:01 AM EST

THE WOODLANDS, Texas, Feb. 25, 2020 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq: LGIH) today announced results for the fourth quarter 2019 and the twelve months ended December 31, 2019.

Fourth Quarter 2019 Results and Comparisons to Fourth Quarter 2018

Net Income increased 52.1% to $64.9 million, or $2.69 Basic EPS and $2.52 Diluted EPS Net Income Before Income Taxes increased 51.0% to $84.9 million Home Sales Revenues increased 42.5% to $605.6 million... More