LGI Homes Q1 2024 GAAP EPS $0.72 Misses $1.00 Estimate, Sales $390.851M Miss $400.005M Estimate
$LGIH
Homebuilding
Consumer Discretionary
LGI Homes (NASDAQ:LGIH) reported quarterly earnings of $0.72 per share which missed the analyst consensus estimate of $1.00 by 28 percent. This is a 36.84 percent decrease over earnings of $1.14 per share from the same period last year. The company reported quarterly sales of $390.851 million which missed the analyst consensus estimate of $400.005 million by 2.29 percent. This is a 19.80 percent decrease over sales of $487.357 million the same period last year.