Landsea Homes Corporation (LSEA) Tops Q2 EPS by 15c
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Landsea Homes Reports Second Quarter 2022 Results
August 4, 2022 6:00 AM EDTSecond Quarter 2022 Highlights
Expanded home sales revenue by 46.4% to $351 millionSecond quarter net income of $14.9 million, $0.34 per diluted shareTotal homes delivered increased 35% to 572 homesIncreased backlog by 31.2% to 1,571 homes for a total of $902.1 millionHome sales gross margin increased to 21.3%Repurchased 5.1 million shares at an average price of $7.06 per shareNEWPORT BEACH, Calif., Aug. 04, 2022 (GLOBE... More
