Recap: Landsea Homes Q1 Earnings

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Landsea Homes LSEA reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.

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

Earnings

Landsea Homes beat estimated earnings by 80.0%, reporting an EPS of $0.18 versus an estimate of $0.1.

Revenue was down $74.49 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 0.15% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.75 0.50 0.54 0.24
EPS Actual 0.81 0.69 0.71 0.71
Revenue Estimate 441.48M 348.30M 335.59M 238.66M
Revenue Actual 425.96M 335.58M 368.68M 316.23M

To track all earnings releases for Landsea 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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