LGI Homes Reports First Quarter 2022 Results and Updates 2022 Guidance

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LGI Homes (LGIH) Tops Q1 EPS by 53c

May 3, 2022 7:16 AM EDT

LGI Homes (NASDAQ: LGIH) reported Q1 EPS of $3.25, $0.53 better than the analyst estimate of $2.72. Revenue for the quarter came in at $546.05 million versus the consensus estimate of $523.98 million.

Home Closings decreased 37.6% to 1,599 homes closedAverage Sales Price increased 23.9% to $341,495Ending... More