Legacy Housing Corporation Reports 2019 Third Quarter Results
Legacy Housing Corporation (LEGH)
Last legacy housing corporation earnings: 11/14 04:30 pm
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Source: GlobeNewswire
BEDFORD, Texas, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the third quarter ended September 30, 2019. Financial Highlights: Revenue for the third quarter of 2019 was $41.9 million, compared to $40.5 million in the third quarter of 2018, an increase of $1.4 million or approximately 3.4%.Interest income was $5.7 million in the third quarter, an increase of 20% from the $4.8 million in interest income for the same period in 2018.The manufactured home park loan portfolio increased by $24.1 million to a total of $82.0 million, an increase of 42% from the end of 2018. The consumer loan portfolio increased to $103.1 million, inclusive of the allowance for loan loss and other discounts. Manufactured home community sales were $16.9 million in the third quarter, a 117% increase from the $7.8 million in community sales in the third quarter of 2018.Earnings before taxes were 8.0 million in the third quarter of 2019
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- Legacy Housing Co. (NASDAQ: LEGH) had its price target lowered by analysts at Wedbush from $31.00 to $25.00. They now have an "outperform" rating on the stock.MarketBeat
- Seven Stocks I Like On The Nasdaq Market [Forbes]Forbes
- Legacy Housing Full Year 2023 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
LEGH
Earnings
- 11/9/23 - Beat
LEGH
Sec Filings
- 3/28/24 - Form 4
- 3/27/24 - Form 4
- 3/26/24 - Form 4
- LEGH's page on the SEC website