Recap: LGI Homes Q3 Earnings

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LGI Homes LGIH reported its Q3 earnings results on Tuesday, November 1, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

LGI Homes beat estimated earnings by 4.9%, reporting an EPS of $3.85 versus an estimate of $3.67.

Revenue was down $204.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.87 which was followed by a 0.21% increase in the share price the next day.

Here's a look at LGI Homes's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 4.33 2.72 4.20 3.95
EPS Actual 5.20 3.25 4.53 4.05
Revenue Estimate 722.47M 523.98M 758.08M 731.98M
Revenue Actual 723.07M 546.05M 801.08M 751.61M

To track all earnings releases for LGI Homes visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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