LGI Homes (NASDAQ:LGIH) reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
LGI Homes beat estimated earnings by 19.49%, reporting an EPS of $3.25 versus an estimate of $2.72.
Revenue was down $159.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33 which was followed by a 1.2% drop in the share price the next day.
Here's a look at LGI Homes's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 4.20 | 3.95 | 3.84 | 2.50 |
| EPS Actual | 4.53 | 4.05 | 4.73 | 3.95 |
| Revenue Estimate | 758.08M | 731.98M | 713.30M | 598.55M |
| Revenue Actual | 801.08M | 751.61M | 791.51M | 705.95M |
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.
