LGI Homes (LGIH) Tops Q4 EPS by 33c

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LGI Homes, Inc. Reports Fourth Quarter and Record Full Year 2021 Results, Releases 2022 Guidance and Announces Increase to Share Repurchase Program

February 15, 2022 7:00 AM EST

THE WOODLANDS, Texas, Feb. 15, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the fourth quarter and year ended December 31, 2021.

Fourth Quarter 2021 Highlights and Comparisons to Fourth Quarter 2020

Net income decreased 18.4% to $111.3 million, or $4.61 basic EPS and $4.53 diluted EPSNet Income before income taxes decreased 13.9% to $143.4 millionHome sales revenues decreased 10.7% to $801.1 millionHome closed... More