LGI Homes (LGIH) Misses Q1 EPS by 14c

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LGI Homes Reports First Quarter 2023 Results and Updates Guidance for 2023

May 2, 2023 7:00 AM EDT

THE WOODLANDS, Texas, May 02, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the first quarter ended March 31, 2023.

First Quarter 2023 Highlights

Net Income of $27.0 million, or $1.15 Basic EPS and $1.14 Diluted EPSNet Income Before Income Taxes of $32.3 millionHome Sales Revenues of $487.4 millionHome Closings of 1,366... More