Legacy HousingNASDAQ: LEGH

BEDFORD, Texas, July 16, 2024 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company”, NASDAQ: LEGH) will release its financial results for the second quarter ended June 30, 2024, after markets close on Thursday, August 8, 2024. The Company will then host a conference call at 10:00 a.m. Central Time on Friday, August 9, 2024.

The mean of analysts' price targets for Legacy Housing (LEGH) points to a 26.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Legacy Housing (LEGH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Legacy Housing Corporation, known as Legacy, will announce its first quarter financial results on May 9, 2024 after the market closes. A conference call will be held at 10:00 a.m.

Legacy Housing Corp. saw a decrease in its stock value following a disappointing financial report and downgrades from Wall Street analysts. While product sales declined, the company emphasized areas of financial growth and outlined plans for expansion. The company's loan portfolio, particularly consumer and community operator loans, showed growth, indicating the significance of this segment for the company's revenue.

The headline numbers for Legacy Housing (LEGH) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Legacy Housing (LEGH) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.82 per share a year ago.

BEDFORD, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company”, NASDAQ: LEGH) will release its financial results for the full year ended December 31, 2023 on Friday, March 15, 2024. The Company will then host a conference call at 10:00 a.m.

Legacy Housing (LEGH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.