LGI Homes First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]
LGI Homes, Inc. (LGIH)
Last lgi homes, inc. earnings: 2/25 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.lgihomes.com/investor-relations
Company Research
Source: Yahoo! Finance
Net income: US$17.1m (down 37% from 1Q 2023). Profit margin: 4.4% (down from 5.5% in 1Q 2023). The decrease in margin was driven by lower revenue. EPS: US$0.72 (down from US$1.15 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period LGI Homes Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 28%. Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Consumer Durables industry in the US. Performance of the American Consumer Durables industry. The company's share price is broadly unchanged from a week ago. Risk Analysis We don't want to rain on the parade too much, but we did also find 3 warning signs for LGI Homes (1 is concerning!) that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alterna
Show less
Read more
Impact Snapshot
Event Time:
LGIH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LGIH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LGIH alerts
High impacting LGI Homes, Inc. news events
Weekly update
A roundup of the hottest topics
LGIH
News
- LGI Homes Commemorates Annual Service Impact Day and Celebrates Employee Volunteerism [Yahoo! Finance]Yahoo! Finance
- LGI Homes Commemorates Annual Service Impact Day and Celebrates Employee VolunteerismGlobeNewswire
- LGI Homes Announces the Grand Opening of Cambridge Cove, A New Community North of Minneapolis [Yahoo! Finance]Yahoo! Finance
- LGI Homes Announces the Grand Opening of Cambridge Cove, A New Community North of MinneapolisGlobeNewswire
- LGI Homes Announces its Newest Community in the Riverside Market [Yahoo! Finance]Yahoo! Finance
LGIH
Earnings
- 4/30/24 - Miss
LGIH
Sec Filings
- 4/30/24 - Form 8-K
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- LGIH's page on the SEC website