LGI Homes (LGIH) Stock

LGI Homes, Inc. (NASDAQ:LGIH ) Q3 2024 Earnings Conference Call November 5, 2024 ET Company Participants Joshua Fattor - Executive Vice President of Investor Relations and Capital Markets Eric Lipar - Chief Executive Officer and Chairman of the Board Charles Merdian - Chief Financial Officer and Treasurer Conference Call Participants Trevor Allinson - Wolfe Research Carl Reichardt - BTIG Jay McCanless - Wedbush Alex Barron - Housing Research Center Kenneth Zener - Seaport Operator Welcome to LGI Homes Third Quarter 2024 Conference Call. Today's call is being recorded, and a replay will be available on the company's website at www.lgihomes.com.

LGI Homes (LGIH) came out with quarterly earnings of $2.95 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to earnings of $2.84 per share a year ago.

LGI Homes, Inc. (NASDAQ:LGIH ) Q2 2024 Earnings Conference Call July 30, 2024 12:30 PM ET Company Participants Joshua Fattor - IR Eric Lipar - Chairman & CEO Charles Merdian - CFO & Treasurer Conference Call Participants Andrew Azzi - JPMorgan Carl Reichardt - BTIG Kenneth Zener - Seaport Research Partners Jay McCanless - Wedbush Securities Operator Welcome to LGI Homes' Second Quarter 2024 Conference Call. Today's call is being recorded and a replay will be available on the company's website at www.lgihomes.com.

LGI Homes (LGIH) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.24 per share. This compares to earnings of $2.25 per share a year ago.

LGI Homes, Inc. (NASDAQ:LGIH) held its Q1 2024 Earnings Conference Call on April 30, 2024 at 12:30 PM ET. Participants included Joshua Fattor, Eric Lipar, and Charles Merdian. Conference Call Participants included Andrew Azzi, Carl Reichardt, Alex Barron, and Jay McCanless. The call was recorded and a replay will be available on LGI Homes' website at www.lgihomes.com.

Although the financial results for LGI Homes (LGIH) in the first quarter of 2024 provide an overall picture of the company's performance, it may be beneficial to examine how certain key metrics stack up against analyst forecasts and figures from the same period last year.

LGI Homes has seen significant fluctuations in its stock price in the last year due to factors like interest rates. Although sales may be affected by these external factors, there is potential for long-term growth for LGI through higher absorption rates and expanding community count. I believe LGIH could reach the mid to upper $100 range per share, especially with the anticipated release of inventory leading to higher cash flow.

THE WOODLANDS, Texas, April 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 482 homes in March 2024. The Company closed 1,083 homes during the first quarter of 2024.

While the top- and bottom-line numbers for LGI Homes (LGIH) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.