LGI Homes (LGIH) Tops Q2 EPS by 90c

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Go back to LGI Homes (LGIH) Tops Q2 EPS by 90c

LGI Homes Reports Second Quarter 2022 Results, Including Record Setting Profitability, and Updates Full Year 2022 Guidance

August 2, 2022 7:01 AM EDT

THE WOODLANDS, Texas, Aug. 02, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the second quarter 2022 and the six months ended June 30, 2022.

Second Quarter 2022 Highlights and Comparisons to Second Quarter 2021

Net Income increased 4.4% to $123.4 million, or $5.24 Basic EPS and $5.20 Diluted EPSNet Income Before Income Taxes increased 9.3% to $163.0 millionHome Sales Revenues decreased 8.6% to $723.1... More