LGI Homes Posts 31% Growth In June Home Closings

LGI Homes Inc LGIH reported that it closed 997 homes in June 2021, representing a 31.2% year-on-year growth.
The company also posted a 42.4% Y/Y growth in the second quarter home closings.
The company ended the first six months of 2021 with a total of 5,417 home closings, a 41.1% increase Y/Y.
As of June 30, 2021, LGI had 106 active selling communities.
The financial results for the second quarter ended June 30, 2021, will be released before the market opens on Tuesday, August 3, 2021.
Price action: LGIH shares were up 3.11% at $167.11 on the last check Wednesday.

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